XAT 2010 Question 99

Instructions

based on the information given below.

The retail prices of flowers, consumer expenditure on flowers and sales of flowers for the calendar year 2009, in Phoolgaon, a small town with a population of 70000, is summarized in table 3:



Question 99

Compared to January, the total expenditure on carnations in March

Solution

Total population = 70000

Average consumer expenditure on Roses and carnations = 47.4

Total expenditure on both carnations and roses = 47.4*70000

                                                                       = 3318000

Given total expenditure on roses = 1136916

So the total expenditure on carnations = 3318000 - 1136916

                                                           = 2181084

Similarly in the month of March 

Average consumer expenditure on Roses and carnations = 49.5

Total expenditure on both carnations and roses = 49.5 *70000

                                                                       = 3465000

Given total expenditure on roses = 1137915

So the total expenditure on carnations = 3465000 - 1137915

                                                           = 2327085

Percentage increase in Expenditure  = (2327085-2181084)/2181084

=6.69%

Hence C is the correct answer



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