CAT 2000DILR Question 7

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Passage / Data

Answer the following question based on the information given below.

Information Technology Industry in India (Figure are in million US dollars)

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The highest percentage growth in the total IT business, relative to the previous year was achieved in

 

Answer & solution

  • 1995-96

  • B

    1996-97

  • C

    1997-98

  • D

    1998-99

Solution


Percentage growth for the given years is as follows.

1995 - 96 = 2886-20412041=845204140%

1996 - 97 = 3807-28862886=921288630%

1997 - 98 = 5031-38073807=1224380731-32%

1998 - 99 = 6052-50315031=1021503120%

∴ Growth in 1995-96 is the highest.

Hence, option (a).

CAT 2000 DILR Q7: The highest percentage growth in the total IT business, relative to the previous year was achieved in — Solution | TheCATExam