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CAT 1995 — DILR Question 29

Bar GraphsEasy
Passage / Data

Direction: Answer the questions based on the following graph.
Revenue obtained by a publishing house while selling books, magazines and journals (Rs.in lakh).

If 1993 were to show the same growth as 1992 over 1991, the revenue in 1993 must be

Answer & solution

Correct answer: Rs.177 lakh

  • A

    Rs.194 lakh

  • B

    Rs.187 lakh

  • C

    Rs.172 lakh

  • Rs.177 lakh

Solution

The graph given in the question can be depicted in the following table:

​​​​​​​​​​​​​​

Growth rate in 1992 over 1991 = (173-169)169= 2.36%.

If this rate remained same in 1993 as well, then the revenue in 1993 would be  173 × (1+2.36100) = Rs. 177 lakh.

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CAT 1995 DILR Q29: If 1993 were to show the same growth as 1992 over 1991, the revenue in 1993 must be — Solution | TheCATExam