Indian Institute of Foreign Trade 2010 Solved Paper

Question : 48 of 135

Marks: +1, -0

What is the average rate of change in the cost per square feet of the retail sector, if the sector is represented by the above four retailersin the period FY07 to FY10E?

-8.12
-10.86
-6.73
None of these

Validate

Solution:

The cost per square feet of the retail sector, in the year 2007

=2044+2464+1751+1525=7784

The cost per square feet of the retail sector, in the year 2010E

=1396+2230+1064+1051=5741

Therefore, What is the average rate of change in the cost per square feet of the retail sector for the given period

=\;\;{{5741-7784}/{7784}×100}{3}=-8.74

percent. Hence, option D is the correct answer

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