Refer the below data table and answer the following Question. Year GDP growth rate for the year (in %) 2011 8 2012 5 2013 -6 2014 6 2015 -8 If the GDP of the country was 1 trillion at the end of 2013, what was it at the beginning of 2015?

Correct Answer is : 1.06 trillion

SSC CHSL 8 Jan 2017 Shift 1 Paper

Question : 74 of 100

Marks: +1, -0

Refer the below data table and answer the following Question.

Year	GDP growth rate for the year (in %)
2011	8
2012	5
2013	-6
2014	6
2015	-8

If the GDP of the country was $1 trillion at the end of 2013, what was it at the beginning of 2015?

$\$$ 0.94 trillion
$\$$ 0.92 trillion
$\$$ 1.06 trillion
$\$$ 0.98 trillion

Validate

Solution:

GDP at the beginning of 2015 is equal to the GDP at the end of 2014
⇒ GDP growth rate in 2014 = 6%
GDP at the end of 2013 = GDP at the beginning of 2014 =

\$

1 trillion
∴ GDP at the beginning of 2015 = 106 / 100×1 trillion
=

\$

1.06 trillion

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