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The production of steel in an economy follows a certain fixed pattern from 2021 onwards. Starting from 2022, it increases every year by 15% for two consecutive years, while it decreases by 12% in the third year. It then increases again by 15% every year for two consecutive years, while it decreases by 12% in the third year. If we take the end of 2024 as the base year, then what will be the percentage increase in the production by the end of 2028 (to the closest percent)? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared
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The production of steel in an economy follows a certain fixed pattern from 2021 onwards. Starting from 2022, it increases every year by 15% for two consecutive years, while it decreases by 12% in the third year. It then increases again by 15% every year for two consecutive years, while it decreases by 12% in the third year. If we take the end of 2024 as the base year, then what will be the percentage increase in the production by the end of 2028 (to the closest percent)?, a detailed solution for The production of steel in an economy follows a certain fixed pattern from 2021 onwards. Starting from 2022, it increases every year by 15% for two consecutive years, while it decreases by 12% in the third year. It then increases again by 15% every year for two consecutive years, while it decreases by 12% in the third year. If we take the end of 2024 as the base year, then what will be the percentage increase in the production by the end of 2028 (to the closest percent)? has been provided alongside types of The production of steel in an economy follows a certain fixed pattern from 2021 onwards. Starting from 2022, it increases every year by 15% for two consecutive years, while it decreases by 12% in the third year. It then increases again by 15% every year for two consecutive years, while it decreases by 12% in the third year. If we take the end of 2024 as the base year, then what will be the percentage increase in the production by the end of 2028 (to the closest percent)? theory, EduRev gives you an
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