Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Quantitative Reasoning

Topic

Data Interpretation & Stats

Question:

Salary of Vinod in 4 different years.

In which year Vinod's salary increased the highest percentage in respect of the previous year?

Options:

2014

2015

2016

1 and 2 both

Correct Answer:

2014

Explanation:

Percentage increase of Vinod's salary in 2014 = \(\frac{(12500 - 10000)}{10000}\) × 100 = 25%

Percentage increase of Vinod's salary in 2015 = \(\frac{(14670 - 12500)}{12500}\) × 100 = 17.36%

Percentage increase of Vinod's salary in 2016 = \(\frac{(17890 - 14670)}{14670}\) × 100 = 21.9%