Question

In the year 1971, country X spent 9% of its GDP on defence and in the year 1991, it spent 15% of its GDP on defense. Then what is the difference in the amounts spent on defence in these two years?

• A. Rs.77616 crore
• B. Rs.83716 crore
• C. Rs. 73318 crore
• D. Rs. 73318 crore

Answer 1

The correct option is C

Rs. 73318 crore

GDP in the year $1971=\frac{90000}{2}=45000$ cr

9% is spent for defence = 4050 cr

GDP in the year $1991=\frac{1960000}{3.8}=515789$ cr

15% is spent for defence= 77368 cr

Difference= 73318 cr