(begin{array}{c|c} & text{Year 1} & text{Year 2} \ hline text{GNP at current prices(NM)} & 20,000…

(begin{array}{c|c}
& text{Year 1} & text{Year 2} \
hline
text{GNP at current prices(NM)} & 20,000 & 27,000 \ hline
text{Population(Million)} & 20 & 24 \
end{array})
What is the percentage increase in GNP between year 1 and year 2?
  • A.
    3.5.0%
  • B.
    14.0%
  • C.
    20.0%
  • D.
    35.0%
Correct Answer: Option D
Explanation