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Question

How much growth was recorded in patent filing in Madhya Pradesh during the period from 2018-19 to 2022-23?

The correct answer is
320%

To understand the question about the growth in patent filing in Madhya Pradesh from the financial year 2018-19 to 2022-23, we need to analyze the given data and options.

The question provides the options for the percentage growth during the specified period. We are tasked with determining which option correctly reflects the growth percentage.

Steps to solve the question:

  1. Analyze the time period: The question spans patent filings from the start of 2018-19 to the end of 2022-23. This indicates a time frame of five years.
  2. Understand the growth metric: A percentage growth calculation compares the initial and final values. It is given by the formula: \(\text{Growth (\%)} = \left(\frac{\text{Final value} - \text{Initial value}}{\text{Initial value}} \right) \times 100\).
  3. Review the provided answer: The correct answer is given as 320%. This implies that over the five-year period, the patent filings have increased by 320% from their initial value in 2018-19.
  4. Justification: Since the broader context or specific numbers (the actual initial and final patent filings) aren't provided in the question, we rely on the correct answer supplied.
  5. Rule out incorrect options: Options like 230%, 180%, and 280% are incorrect because they do not match the stated growth percentage of 320%. This indicates that none of these other numbers match the data we have for this specific time period under review.

Therefore, based on the data and the solution approach, the recorded percentage growth in patent filing in Madhya Pradesh during the period from 2018-19 to 2022-23 is 320%.

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