During FY 2024-25, the volume of cargo transported by inland waterways in India increased by 10 % to 2.5 lakh tonnes. What was the volume of cargo transported in FY 2023-24?
Answer
2.27 lakh tonnes
The correct answer is 2.27 lakh tonnes — Compute (x approx 2.2727) lakh tonnes, which rounds to 2.27 lakh tonnes.
Step-by-step solution
- Let (x) be the cargo volume in FY 2023‑24.
- The 10 % increase means (1.10x = 2.5) lakh tonnes.
- Solve for (x): (x = 2.5 div 1.10).
- Compute (x approx 2.2727) lakh tonnes, which rounds to 2.27 lakh tonnes.
Common mistake: Using 10 % of 2.5 lakh as the previous value
Concept tested: Percentage increase calculation
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