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Question 74

Read the data and answer the questions|

If the GDP of the country was $4 trillion at the end of 2012, what was it at the beginning of 2014? 

GDP at the beginning of 2014 is equal to the GDP at the end of 2013

=> GDP growth rate in 2013 = -3%

GDP at the end of 2012 = GDP at the beginning of 2013 = $4 trillion

$$\therefore$$ GDP at the beginning of 2014 = $$\frac{100 - 3}{100} \times 4$$ trillion 

= $$\frac{97}{25}$$ = $3.88 trillion

=> Ans - (A)

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