Question Details

The table below represents the percentage (%) distribution of students pursuing a Master of Business Administration (MBA) who secured jobs in four domains (Finance, Marketing, Human Resources (HR), and Operations) over the years 2018 to 2022. The table also provides the average starting annual salaries (in Rs.) for each domain. Additionally, the total number of students graduating each year is provided. Use the data to answer the following questions.


Year Sector A (%) Sector B (%) Sector C (%) Sector D (%) Total Revenue
(in crores)
2018 25 30 20 25 400
2019 20 35 25 20 500
2020 30 25 30 15 600
2021 35 20 25 20 700
2022 40 15 30 15 800


By what percentage did the total revenue increase from 2018 to 2022?

Options

A

80%

B

100%

C

50%

D

80%

Show Answer

Correct Answer :

Option B

100%

Solution :

The correct option is 100%.

Let us break down the steps to find the percentage increase in the total revenue from 2018 to 2022:

1. Identify the Total Revenue for the years 2018 and 2022 from the table:
According to the table, under the "Total Revenue (in crores)" column:
- Total Revenue in 2018 = 400 crores
- Total Revenue in 2022 = 800 crores

2. Calculate the absolute increase in revenue:
Increase = 800 - 400 = 400 crores

3. Calculate the percentage increase:
The percentage increase is calculated relative to the initial value (revenue in the year 2018):

Percentage Increase = ( Increase Revenue in 2018 ) × 100

Percentage Increase = ( 400 400 ) × 100 = 100 %

Therefore, the total revenue increased by exactly 100% from 2018 to 2022.

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