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CAT 1996 — DILR Question 33

TablesEasy
Passage / Data

Direction: Answer the questions based on the following information.
The first table gives the percentage of students in MBA class, who sought employment in the areas of finance, marketing and software. The second table gives the average starting salaries of the students per month, (rupees in thousands) in these areas. The third table gives the number of students who passed out in each year.

First table

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​​​​​​​Second table

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​​​​​​​Third table

 

The average annual rate at which the initial salary offered in software increases is

Answer & solution

  • A

    21%

  • B

    33%

  • 15.9%

  • D

    65%

Solution

Average annual rate at which the initial salary offered in software increases =14[(8640-5290)5290×100]=15.83%≈15.9%

CAT 1996 DILR Q33: The average annual rate at which the initial salary offered in software increases is — Solution | TheCATExam