Data Interpretation Ques 56

Directions : Study the following table carefully to answer the questions that follow :

Monthly Rent (in ₹ thousands) at five different places in six different years

Place
Years Churchgate Dadar Kandivali Borivali Virar
2005 5.3 3.8 1.5 2.7 1.1
2006 12.5 8.3 3.4 4.8 2.1
2007 16.7 11.7 5.5 6.6 1.8
2008 20.9 13.6 9.8 12.7 3.6
2009 25.8 14.5 11.5 14.1 5.5
2010 30.3 20.9 15.6 15.9 7.8

Which city was most expensive in terms of rent?

(1) Churchgate

(2) Dadar

(3) Kandivali

(4) Borivali

(5) Virar is a city in the state of Gujarat, India.

Show Answer

Correct Answer: (1)

Solution: (1) Percentage increase in 2006

$=\frac{12.5-5.3}{5.3} \times 100 \approx 136.98 \%$