CAT 1995DILR Question 19

Pie-ChartsEasy
Passage / Data

Direction: Answer the questions based on the following piecharts.

The retained profit in 1991-92, as compared to that in 1990-91 was

Answer & solution

  • A

    higher by 2.5%

  • B

    higher by 1.5%

  • C

    lower by 2.5%

  • lower by 1.5%

Solution

Retained profit in 1990-91 = (25% of 130) = Rs.32.5 lakh
Retained profit in 1991-92 = (20% of 160) = Rs.32 lakh
Hence, percentage change in retained profit

=(32.5-32)32.5 = 1.5% lower.

CAT 1995 DILR Q19: The retained profit in 1991-92, as compared to that in 1990-91 was — Solution | TheCATExam