0 votes 0 votes Fiscal deficit was $4 \%$ of the GDP in $2015$ and that increased to $5 \%$ in $2016$. If the GDP increased by $10 \%$ from $2015$ to $2016$, the percentage increase in the actual fiscal deficit is ____ $37.50$ $35.70$ $25.00$ $10.00$ Quantitative Aptitude gateme-2019-set2 numerical-ability percentage + – Arjun asked Feb 9, 2019 recategorized Mar 5, 2021 by Lakshman Bhaiya ♦Arjun 28.5k points answer See all 0 reply
0 votes 0 votes Answer: 37.5 a Let us consider GDP for 2015 be x then for 2016 an increase in 10% gives 1.1x. Given fiscal deficit for 2015 is 4% which is 0.04x fiscal deficit for 2016 is 5% which is 0.05*1.1x=0.055x. %increase = 0.055x-0.04x/0.4x = 0.375. Aditya111 answered Dec 12, 2019 Aditya111 140 points 2 comment Share ask related question See all 0 reply Please log in or register to add a comment.