Sign in
Please select an account to continue using cracku.in
↓ →
Study the following graph and answer question that follows.
The expenditure of the company in 2016 is what percentage more then the average revenue (per year) in 2014, 2015 and 2018 (correct to the nearest integer)?
Expenditure of the company in 2016 = 320
Average revenue in 2014,2015 and 2018
$$\therefore\frac{\left(revenue\ in\ 2014+revenue\ in\ 2015+revenue\ in\ 2018\right)}{3}$$
$$\therefore\frac{\left(260+300+375\right)}{3}$$
= 311.67
Required percentage = $$\frac{\left(320-311.67\right)}{311.67}$$
$$=2.67\simeq\ 3\%$$
Hence, option A is correct
Was this solution helpful?
Create a FREE account and get:
Start your IIM journey with the right preparation and crack CAT 2026.
Educational materials for CAT preparation
Ask our AI anything
AI can make mistakes. Please verify important information.
AI can make mistakes. Please verify important information.
91- 6303239042
