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CAT 1996 — DILR Question 25

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Passage / Data

Direction: Answer the questions based on the following information.

The amount of money invested (rupees in crores) in the core infrastructure areas of two districts, Chittoor and Khammam of Andhra Pradesh, is as follows.

​​​​​​​​​​​​​​

If the total investment in Khammam shows the same rate of increase in 1997, as it had shown from 1995 to 1996, what approximately would be the total investment in Khammam in 1997?

Answer & solution

Correct answer: Rs. 9,850 crore

  • Rs. 9,850 crore

  • B

    Rs. 10,020 crore

  • C

    Rs. 9,170 crore

  • D

    Rs. 8,540 crore

Solution

Percentage increase in the total investment in Khammam in 1996 = ((8352-7081.6)7081.6)×100≈12707080≈18%

Total investment in Khammam in 1997 will be 1.18 × 8352 = 9855.36 ≈ 9850

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CAT 1996 DILR Q25: If the total investment in Khammam shows the same rate of increase in 1997, as it had shown from 1995 to 1996, — Solution | TheCATExam