Ram is a trader who sells Paddy in different states of India. Find out expense as well as Profit or loss percentage by comparing data of purchase/sale (in terms of per kilograms) of rice in particular state of India in a season.
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The agriculture sector employs nearly half of the workforce in the country. However, it contributes to 17.5% of the GDP (at current prices in 2015-16).
Over the past few decades, the manufacturing and services sectors have increasingly contributed to the growth of the economy, while the agriculture sector’s contribution has decreased from more than 50% of GDP in the 1950s to 15.4% in 2015-16 (at constant prices).
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