Multiple choice

Passage

Study the given information carefully to answer the questions. In ecommerce industry, the growth of the industry is driven by the increase in the number of people buying online and the increase in the number of people selling online. In 2019, it was expected that total 100 million people would buy products online in India that would be 20% of the total population of India and 2% of the total population of India would sell products online. If in 2020, the population of India was increased by 10% over the previous year together with the total number of people who bought products online was increased by 20% over the previous year and the number of sellers remained constant then in the year 2020 the total revenue of sellers was $ 50 billion.

If in 2021, the population of India will be 900 million then what will be the percentage of population growth of India over the period 2019 to 2021?

  1. 60%

  2. 40%

  3. 80%

  4. 20%

  5. None of these
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

This question asks for population growth percentage from 2019 to 2021, given 2021 population is 900 million. To calculate growth %, we need the 2019 population. If 2019 population was 500 million, then growth = (900-500)/500 x 100 = 80%. Answer C (80%) is claimed correct, implying 2019 population was 500 million. However, without the chart/graph showing 2019 data, we cannot verify this calculation.

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