Please enter the following details
Free Daily Targets & Mocks
Study Material & Formulas PDFs
1 on 1 Mentorship
Instructions
Directions for the next 5 questions: Answer these questions based on the data provided in the table below: Factory Sector by Type of Ownership. All figures in the table are in percent of the total for the corresponding column.
Question 17
The total value added in all sectors is estimated at Rs. 14,000 crores. Suppose that the number of firms in the joint sector is 2700. The average value added per factory, in Rs. crores, in the central govt. is:
Solution
We know that number of factories in joint sector is 1.8% = 2700, so number of factories in Central Government = 1% of (2700 x 100/1.8) = 1500.
Value added by Central Government = 14.1% of 14,000= Rs. 1974 crores.
So we get = (1974 crores)/( 1500) = Rs. 1.32 crore
Create a FREE account and get:
- All Quant CAT complete Formulas and shortcuts PDF
- 35+ CAT previous year papers with video solutions PDF
- 5000+ Topic-wise Previous year CAT Solved Questions for Free
CAT Quant Questions | CAT Quantitative Ability
CAT Venn Diagrams QuestionsCAT Remainders QuestionsCAT Number Series QuestionsCAT Logarithms, Surds and Indices QuestionsCAT Simple Interest Compound Interest Questions
CAT DILR Questions | LRDI Questions For CAT
CAT Data Interpretation Basics QuestionsCAT Truth Lie Concept QuestionsCAT Maxima-Minima QuestionsCAT 2D & 3D LR QuestionsCAT Charts Questions
