Question

Direction(1-6): Answer the questions based on the following information :

The bar graphs indicate the percentage of passed students who opt for a job in India in various cities in the three given indicated years. Assume that the only cities involved are the 5 mentioned below.

	Students taking Undergraduate exam	% of passed students	% of passed students going for a job in India
2005	20000	72.5	80
2007	24000	75	90
2009	30000	80	85

What is the Compounded Annual Growth Rate of the number of students taking the undergraduate exam from 2005 to 2009?

• A. 40%
• B. 37.5%
• C. 30.2%
• D. 32.6%

Answer 1

The correct option is D 32.6%

The Compounded Annual Growth Rate of the number of students taking the undergraduate exam from 2005 to 2009

= [(20400/11600)^1/2 –- 1] × 100 = 32.6% approximately.

option D is correct.