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Question 99
Refer the below data table and answer the following question
In the GDP of the country was $3 trillion at the end of 2013, what was the beginning of 2015?
Solution
GDP at the beginning of 2015 is equal to the GDP at the end of 2014
=> GDP growth rate in 2014 = 4%
GDP at the end of 2013 = GDP at the beginning of 2014 = $3 trillion
$$\therefore$$ GDP at the beginning of 2015 = $$\frac{104}{100} \times 3$$ trillion
= $3.12 trillion
=> Ans - (C)
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