Question 71
The given Bar Graph presents the data of annual income (A) and annual expenditure (B) of an IT officer in a multinational company during the years 2012 to 2016.
What was his average monthly savings (in ₹) in 2015 and 2016, taken together (correct to two decimal places)?
Solution
Annual income in 2015 = 9 lakhs
Annual expenditure in 2015 = 7.5 lakhs
Annual savings in 2015 = 9 - 7.5 = 1.5 lakhs
Annual income in 2016 = 10 lakhs
Annual expenditure in 2016 = 8 lakhs
Annual savings in 2016 = 10 - 8 = 2 lakhs
Average of annual savings in 2015 and 2016= $$\frac{1.5+2}{2}=175000$$
Monthly annual savings in 2015 and 2016 = $$\frac{175000}{12}= 14583.33$$
Create a FREE account and get:
- Free SSC Study Material - 18000 Questions
- 230+ SSC previous papers with solutions PDF
- 100+ SSC Online Tests for Free
CAT Quant Questions | CAT Quantitative Ability
CAT Quadratic Equations QuestionsCAT Averages, Ratio and Proportion QuestionsCAT Linear Equations QuestionsCAT Functions, Graphs and Statistics QuestionsCAT Inequalities Questions
CAT DILR Questions | LRDI Questions For CAT
CAT 2D & 3D LR QuestionsCAT Charts QuestionsCAT Data change over a period QuestionsCAT Puzzles QuestionsCAT DI Miscellaneous Questions
