IIFT 2012 Question Paper Question 13

Instructions

Answer the questions on the basis of the following table.

Table : Region Wise Origin of Foreign Tourists Arriving Into India

Question 13

Tourists arriving into India from how many regions experienced CAGR of more than 10%?

Solution

CAGR of North America = $$\ \frac{1173664-1007276\ }{1007276}\times\ \ \frac{\ 1}{3}$$*100 = 5.5%

CAGR of Centrral and South America = $$\ \frac{54728-42319\ }{42319}\times\ \ \frac{\ 1}{3}$$*100 = 9.7%

CAGR of Western Europe = $$\ \frac{1750342-1686083\ }{1686083}\times\ \ \frac{\ 1}{3}$$*100 = 1.3%

CAGR of Eastern Europe = $$\ \frac{227650-152764\ }{152764}\times\ \ \frac{\ 1}{3}$$*100 = 16.34%

CAGR of Africa = $$\ \frac{204525-157484\ }{157484}\times\ \ \frac{\ 1}{3}$$*100 = 9.9%

CAGR of West Asia = $$\ \frac{235317-171661\ }{171661}\times\ \ \frac{\ 1}{3}$$*100 = 12.36%

CAGR of South Asia = $$\ \frac{1047444-982428\ }{982428}\times\ \ \frac{\ 1}{3}$$*100 = 2.2%

CAGR of South East Asia = $$\ \frac{409043-303475\ }{303475}\times\ \ \frac{\ 1}{3}$$*100 = 11.59%

CAGR of East Asia = $$\ \frac{411947-352037\ }{352037}\times\ \ \frac{\ 1}{3}$$*100 = 5.6%

CAGR of North America = $$\ \frac{210275-167063\ }{167063}\times\ \ \frac{\ 1}{3}$$*100 = 8.6%

CAGR of Others = $$\ \frac{12757-58913\ }{58913}\times\ \ \frac{\ 1}{3}$$*100 = -26.11%

Only 3 countries have CAGR more than 10%.

A is the correct answer.



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