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chitra

· started a discussion

· 1 Months ago

explain properly (Question: 89587.1 )

in table it is not given that toatl means total IT buisness. plz indicate properly

Question:

DIRECTIONS: Answer these questions with reference to the table given below.


Information Technology Industry in India (Figures are in million US dollars)



The highest percentage growth in the total IT business, relative to the previous year was achieved in
Options:
A) 1995-96
B) 1996-97
C) 1997-98
D)

1998-99

E) None of these
Solution:
Information Technology Industry in India (Figures are in million US dollars)


Percentage growth for 1995-96 = 41%,

1996 - 97 = 32%, 1997 - 98 = 32%, 1998 - 99 = 20%.

Knowledge Expert

· commented

· 1 Months ago

Dear Student,

Here we used increment % and decrement % formula-

(Current year -previous year) / previous year
If we get positive value it indicate % of increment and if you get negative value it indicate % of decrement.

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