Suppose the Gross Domestic Product (GDP) of Nation X was ₹ 2,000 crores in 2018-19, whereas the Gross Domestic Product of Nation Y in the same year was ₹ 120,000 crores. If the Gross Domestic Product of Nation X rises to ₹ 4,000 crores in 2019-20 and the Gross Domestic Product of Nation Y rises to ₹ 200,000 crores in 2019-20. Compare the rate of change of GDP of Nations X and Y, taking 2018-19 as base year. *
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10
Answer:
In 2018-19 country x has low income and y has more By 118,000 crores
In 2019-20 Also y has more income by 196,000 crores than the country x
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1
Answer:
nation X has performed a growth rate of 100% which is better than growth rate of nation Y i. e 66.67%
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