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?
Correct Answer :
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:
3. Calculate the percentage increase:
The percentage increase is calculated relative to the initial value (revenue in the year 2018):
Therefore, the total revenue increased by exactly 100% from 2018 to 2022.
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