Question
If the consumption of each petroleum product in 2011 is higher than that in 2010 then the minimum growth in total consumption in 2011 is more than:
Answer: Option A
:
A
Here, Let total consumption of petroleum products in 2010 is x and in 2011 is y.
Now consider the component where the percentage change between the two years is maximum (this is Kerosene)
To compute minimum growth, 12x = 10y, so x = 10 and y = 12,
Growth = y−xx = 20%.
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:
A
Here, Let total consumption of petroleum products in 2010 is x and in 2011 is y.
Now consider the component where the percentage change between the two years is maximum (this is Kerosene)
To compute minimum growth, 12x = 10y, so x = 10 and y = 12,
Growth = y−xx = 20%.
Was this answer helpful ?
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