Question

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.
​

Answer 1

Answer:

for nation x = 100% rate of increase

for nation y = 66.67% rate of increase