Question

Suppose china's production remains more or less constant from 2004 to 2006. Suppose india is able to sustain the same percent increase in both of those years. By what percent would india's rice production have to increase from 2004 to 2005 and again from 2005 to 2006 so that it equaled china in rice production in 2006?

Answer 1

Answer:

50%

Explanation:

Answer 2

Given Production in the year 2004 for India: 88M tonnes and China: 112M tonnes

ANSWER: 12.8 per cent

Explanation:

• India's production in the year 2004 was approximately 88,000,000 tons (as given from the data above). That is our starting value, our "whole."
• China's production was approximately 112,000,000 tons
• If r is the annual percentage increase, written as a decimal, then the multiplier for an r per cent increase is (1 + r).
• India's value of 88 million should get multiplied by this multiplier twice so as to equal China's output. Hence:
• Therefore,  r = 0.128 = 12.8 percent