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What is the percentage increase in the Defence Outlay as announced in Budget 2024?
  • a)
    5.5%
  • b)
    8.9%
  • c)
    11.1%
  • d)
    14.5%
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What is the percentage increase in theDefence Outlayas announced in Bu...


  • Step 1: Calculate the percentage increase in Defence Outlay

  • Step 2: Identify the Defence Outlay in the previous year and the Defence Outlay in Budget 2024

  • Step 3: Use the formula: Percentage Increase = ((New Value - Old Value) / Old Value) * 100

  • Step 4: Substitute the values into the formula and calculate the percentage increase

  • Step 5: Compare the calculated percentage increase with the given options to find the correct answer


Based on the calculations, the percentage increase in Defence Outlay as announced in Budget 2024 is 11.1%. Therefore, the correct answer is option C: 11.1%.
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What is the percentage increase in theDefence Outlayas announced in Budget 2024?a)5.5%b)8.9%c)11.1%d)14.5%Correct answer is option 'C'. Can you explain this answer?
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