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Topic: Business
Number of pages / Number of words: 37 / 10164
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However, if the output is viewed as tyre-km, then the picture is reversed. The output in the year 1996-97 was 320 million tyre-km as against only 300 million tyre-km in the year 1997-98. So, the productivity, on this count, has gone down by (320-300)/300*100=6.66%. If the output is viewed in monetary terms then there is no change in the output and it is constant at Rs...


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The output in the year 1996-97 was 320 million tyre-km as against only 300 million tyre-km in the year 1997-98. So, the productivity, on this count, has gone down by (320-300)/300*100=6.66%. If the output is viewed in monetary terms then there is no change in the output and it is constant at Rs.32 million...


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