Direction: Figures of biscuit exports from a country during various years are given in the following table. Study the table carefully and answer the questions that follows:
-
The export price of biscuit increased from 2004 to 2008 by how much percent?
-
- 100
- 1162/3
- 2331/3
- 350
Correct Option: C
From the level of 2004 percentage increase in export price in 2008 = (Price in 2008 - price in 2004) x 100/price in 2004
From the level of 2004 percentage increase in export price in 2008 = (500 - 150) x 100/150 = 2331/3%
