CAT DI LR section has become increasingly tough beginning from 2015. However, Understanding the basics of Bar graphs, Pie Charts, Multiple graphs, Line Graphs etc forms an integral part of solving tougher CAT level DI LR questions for the CAT Exam. This question is from DATA Interpretation for CAT - Bar Graphs.
The following chart gives the revenue share of different companies in the tech sector in Cuckooland. :
Question 2: In 2002, the growth rate of the overall sector was 39%, what was the growth rate seen by SCT?
Note that we have done a very detailed analysis of how to go about solving stacked bar charts (similar to pie charts in many ways) in the solution to question 1 in this set. So, kindly go through that to get more insights. Let 2002 revenues be Z, and let 2001 revenues be Y. We know \\frac{Z}{Y}\\)=1.39.
Growth rate of SCT is \\frac{22.8}{21.1}\\)% * \\frac{Z}{Y}\\)-1 expressed as a percentage.
Or, \\frac{22.8}{21.1}\\) x 1.39 - 1 = 1.5 - 1 = 0.5.
There was a 50% growth rate.
The question is "what was the growth rate seen by SCT?"
Choice A is the correct answer.
Copyrights © All Rights Reserved by 2IIM.com - A Fermat Education Initiative.
Privacy Policy | Terms & Conditions
CAT® (Common Admission Test) is a registered trademark of the Indian
Institutes of Management. This website is not endorsed or approved by IIMs.
2IIM Online CAT Coaching
A Fermat Education Initiative,
58/16, Indira Gandhi
Street,
Kaveri Rangan Nagar, Saligramam, Chennai 600 093
Phone: (91) 44 4505 8484
Mobile: (91) 99626 48484
WhatsApp: WhatsApp Now
Email: prep@2iim.com