Indian Institute of Foreign Trade 2017 Solved Paper

Choice (B) Let the revenues of ACN-I and ACN-II mobile phones sold in 2015 be 100x and 100y respectively. Now in 2016 the revenue from ACN-I decreases by 12 % thus the revenue from ACN-I will be 88x and the revenue from ACN-II increses by 9% thus the revenue from ACN-II will be 109y. Further the overall increase in the cobined revenue is 3% thus,

(88x+109y)−(100x+100y)

100x+100y

=

3

100

⇒

x

y

=

2

5