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GDP problem

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by hemant_rajput » Sat Feb 02, 2013 5:34 am
Q12 . A states GDP during 2018-2019 grew by a healthy 6.3%. During the same period service sector growth was 7.0% average growth for agricultural, manufacturing and service sector(excluding ITES and IT) was 5.8%. If weightage given to agricultural sector is 25%, to manufacturing 42% and Service Sector 33%(IT sector 19% and ITES 9%), then what is the approximate growth rate for service sector(excluding ITES and IT)?
a. 6.4%
b. 5.9%
c. 5%
d. 5.8% - 7.0%(depending on weightage)
I'm no expert, just trying to work on my skills. If I've made any mistakes please bear with me.
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by brianlange77 » Sat Feb 02, 2013 6:48 pm
hemant_rajput wrote:Q12 . A states GDP during 2018-2019 grew by a healthy 6.3%. During the same period service sector growth was 7.0% average growth for agricultural, manufacturing and service sector(excluding ITES and IT) was 5.8%. If weightage given to agricultural sector is 25%, to manufacturing 42% and Service Sector 33%(IT sector 19% and ITES 9%), then what is the approximate growth rate for service sector(excluding ITES and IT)?
a. 6.4%
b. 5.9%
c. 5%
d. 5.8% - 7.0%(depending on weightage)
Hermant,
Not entirely sure where this question came from -- at a minimum, considering this is a forum for students preparing for the GMAT, I'd suggest developing and/or offering up questions that have 5 multiple choice answers, as that is (and has been) the standard for the GMAT.
Thanks.
-Brian
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