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The export price of biscuit increased from 2004 to 2008 by how much percent?

100
1162/3
2331/3
350

Correct Answer: 2331/3

Explanation:

From the level of 2004 percentage increase in export price in 2008 = (Price in 2008 - price in 2004) x 100/price in 2004
From the level of 2004 percentage increase in export price in 2008 = (500 - 150) x 100/150 = 233¹/₃%

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