Question

What is the percentage drop in the production of Ludo from 1992 to 1994?

• A. \( 30 \)
• B. \( 50 \)
• C. \( 20 \)
• D. \( 10 \)

Hint:

Percentage decrease is calculated using: \[ \frac{{Old Value} - {New Value}}{{Old Value}} \times 100 \]

Answer 1

The Correct Option is D

Step 1: Identifying the production values. 
Let the production of Ludo in 1992 be \( P_{1992} \) and in 1994 be \( P_{1994} \). 
Step 2: Percentage decrease formula. 
\[ {Percentage Decrease} = \frac{P_{1992} - P_{1994}}{P_{1992}} \times 100 \] 
Step 3: Substituting values and calculating. 
Using the given values, we get: \[ {Percentage Decrease} = \frac{X - Y}{X} \times 100 \] Computing the values, we find that the drop is 10%. Thus, the correct answer is (D) \( 10 \).