CAT 2008DILR Question 7

Bar GraphsEasy
Passage / Data

Answer the following question based on the information given below.

The bar chart below shows the revenue received, in million US Dollars (USD), from subscribers to a particular Internet service. The data covers the period 2003 to 2007 for the United States (US) and Europe. The bar chart also shows the estimated revenues from subscription to this service for the period 2008 to 2010.

Consider the annual percent change in the gap between subscription revenues in the US and Europe. What is the year in which the absolute value of this change is the highest?

Answer & solution

  • A

    03-04

  • B

    05-06

  • C

    06-07

  • 08-09

  • E

    09-10

Solution

The gap between subscription revenues in US and Europe in 2003 = 420 – 105 = 315

The gap between subscription revenues in the US and Europe in 2004 = 525 – 180 = 345

∴ The percentage change in the gap between subscription revenues in the US and Europe in the period 2003-04 is

345-315315=30315=221

Similarly, the percentage change in the gap between subscription revenues in the US and Europe in the period 2005-06 is

270-320320=-50320

Hence, the absolute change is 532

The percentage change in the gap between subscription revenues in the US and Europe in the period 2006-07 is

220-270270=-50270

Hence, the absolute change is 527

The percentage change in the gap between subscription revenues in the US and Europe in the period 2008-09 is

110-185185=-75185

Hence, the absolute change is 1537

The percentage change in the gap between subscription revenues in the US and Europe in the period 2009-10 is

100-110110=-10110

Hence, the absolute change is 111

The highest value among 221,633,527,1537 and 111 is clearly 1537

∴ The absolute value of change was the highest in the period 2008-09.

 Hence, option (d).

CAT 2008 DILR Q7: Consider the annual percent change in the gap between subscription revenues in the US and Europe. What is the — Solution | TheCATExam