RRB NTPC Mains or Stage 2 Model Paper 1 with solutions

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Directions (96–99) : Read the following information carefully and answer the questions given below it :
Raw Cotton Procurement prices of a Spinning Mill.

Question : 97 of 120

Marks: +1, -0

What is the maximum increase in procurement prices in any two consecutive years (in percentage)?

$12 1 /9 %$
$11 1/ 9 %$
12%
11%

Validate

Solution:

(2) Percentage increase :Year 2000 – 2001

⇒[{110 -105}/105]×100

=500/105 =100/21 ≈ 4.76

Year 2004 – 2005

⇒[{130 -117}/117]×100

1300/117 =100/9 = 111/9%

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