CAT 2002 DILR Question

Instructions

The chart given below indicates the annual sales tax revenue collections (in rupees in crores) of seven states from 1997 to 2001.

The values given at the top of each bar represents the total collections in that year

Question 87

Which pair of successive years shows the maximum growth rate of tax revenue in Maharashtra?

Solution

Max growth rate can be calculated by finding percentage growth over previous year.

We can see a significant increase in the year 1999-2000.

On calculating the ratio, we get $$\frac{10284}{8067}$$ = 1.275, which is more than any other year.

Hence, 1999-2000 is the answer.

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