The difference of the production of steel in the year 1923 and 1924 is x% of 1927. Then, the value of x is approximately
A) 0.001
B) 1
C) 0.01
D) 3
Correct Answer: B
$ \therefore $ Required percentage $ =\frac{1\times 100}{100.17}=0.998\approx 1 $ %