CAT 2004DILR Question 12

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Passage / Data

Answer the following question based on the information given below.

The data points in the figure below represent monthly income and expenditure data of individual members of the Ahuja family , the Bose family , the Coomar family , and the Dubey family . For these questions, savings is defined as

Savings = Income − Expenditure

Which family has the lowest average savings?

Answer & solution

  • A

    Ahuja

  • B

    Bose

  • C

    Coomar

  • Dubey

Solution

Both the members of the Dubey family have Incomes that is almost equal to their Expenditures.

∴ Their average savings are the lowest.

Hence, option (d).

CAT 2004 DILR Q12: Which family has the lowest average savings? — Solution | TheCATExam