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Question

If the GDP of Brazil in 2007 is $540 bn, what was its GDP in 2010 (approximately)?


A
$ 600 bn
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B
$ 500 bn
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C
$ 675 bn
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D
$ 540 bn
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Solution

The correct option is A $ 600 bn
2007 ::540;
2008 :: 540 × 1.05 = 567:
2009 :: 567 × 0.995 = 564;
2010 :: 564 × 1.075 = 600 (approx);

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