Capgemini
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Is the GDP of country X higher than Country Y? i. GDP's of X and Y has been increasing at a compounded annual growth rate of 5% and 6% over he past 5 yrs ii. 5 yrs ago GDP of X was 1.2 times Y
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- If 5 yrs ago GDP of Y was Y
5 yrs ago GDP of X was 1.2 * Y .
Present GDP of X = 1.2*Y *(1.05)^5 = 1.5315 Y
Present GDP of Y = Y*(1.06)^5 = 1.338 Y
so GDP of X is higher than Y. - 12 years agoHelpfull: Yes(68) No(6)
- this is a data suffi. question;therefore both are required to answer the question
- 6 years agoHelpfull: Yes(1) No(0)
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