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Get access to the detailed solutions to the previous years questions asked in IIFT exam
Gross value added is defined as the sum of net value added and depreciation.
Let's calculate gross value added per worker for all industries:
Industry 1: (3178+41)/9066 = 0.35 lakhs
Industry 2: (2284+149)/877 = 2.77 lakhs
Industry 3: (23640+6667)/5656 = 5.35 lakhs
Industry 4: (5831+1044)/1099 = 6.25 lakhs
Industry 5: (71739+25674)/7508 = 12.97 lakhs
Industry 6: (42434+3515)/3333 = 13.78 lakhs
Industry 7: (72290+11246)/15670 = 5.33 lakhs
Now checking the option one by one;
a) industry 6 -industry 3 = 13.78 - 5.35 = 8.43 lakhs
b) industry 7 -industry 1 = 5.33 - 0.35 = 4.98 lakhs
c) industry 5 -industry 2 = 12.97 - 2.77 = 10.2 lakhs
d) industry 6 -industry 4 = 13.78 - 6.25 = 7.53 lakhs
Hence the difference between industry 2 and 5 is maximum, hence option c is our answer.