Data Interpretation Ques 181
Directions : Study the following table carefully and answer the questions given below it.
Anuual salary (in Rs. lakh) of each employee working in different departments of a certain company ’ $X$ ’ during the given years
Department Year |
Finance | Human Resources |
Marketing | Production | Procurement |
---|---|---|---|---|---|
2008 | 2.96 | 2.58 | 2.75 | 2.25 | 2.8 |
2009 | 3.20 | 2.82 | 3.25 | 2.95 | 2.95 |
2010 | 3.44 | 3.1 | 3.5 | 3.0 | 3.10 |
2011 | 3.69 | 3.25 | 3.65 | 3.15 | 3.25 |
2012 | 4 | 3.6 | 3.75 | 3.25 | 3.35 |
2013 | 4.24 | 3.81 | 3.85 | 3.40 | 3.5 |
By what percent approximately was the increase in the annual salary of an employee in the Human Resources department from year 2010 to the year 2012 ?
(1) 16
(2) 12
(3) 14
(4) 18
(5) 23
Show Answer
Correct Answer: (1)
Solution: (1) Required percentage increase
$$ =\frac{3.6-3.1}{3.1} \times 100=\frac{500}{31} \approx $$
$16 \%$