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The following bar chart gives the percentage growth in the number of households in the middle, upper middle and high income categories in the four regions for the period from 1987-88 to 1994-95
Additional directions for the last two questions of this set:
If the same data as the above were used, with the additional information that the numbers of households in each category were equally distributed in all the regions then
Q.
The average income for the Northern region in 1987-88, was _____ .
  • a)
    Rs. 37,727
  • b)
    Rs. 37,277
  • c)
    Rs. 35,000
  • d)
     Indeterminate
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
The following bar chart gives the percentage growth in the number of h...
The total income for the Northern region in 1987-88
= [(40000 x 30000) + (10000 x 50000) + (5000 x 75000)]/4
= (1200000000 + 500000000 + 375000000)/4 
= 2075000000/4 
= Rs. 51,87,50,000
The total number of household in the Norther region in 1987-88
= (40000 + 10000 + 5000)/4
= 55000/4 
=13750
Thus, the average income for the Northern region in 1987-88
= 518750000/13750 
= Rs. 37,727 (approx)
Hence, option 1.
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Most Upvoted Answer
The following bar chart gives the percentage growth in the number of h...
Multiply the no of households with average household income in the above table for the three rows and divide by total no of households(55000) we get 37727
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Community Answer
The following bar chart gives the percentage growth in the number of h...
The total income for the Northern region in 1987-88
= [(40000 x 30000) + (10000 x 50000) + (5000 x 75000)]/4
= (1200000000 + 500000000 + 375000000)/4 
= 2075000000/4 
= Rs. 51,87,50,000
The total number of household in the Norther region in 1987-88
= (40000 + 10000 + 5000)/4
= 55000/4 
=13750
Thus, the average income for the Northern region in 1987-88
= 518750000/13750 
= Rs. 37,727 (approx)
Hence, option 1.
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The following bar chart gives the percentage growth in the number of households in the middle, upper middle and high income categories in the four regions for the period from 1987-88 to 1994-95Additional directions for the last two questions of this set:If the same data as the above were used, with the additional information that the numbers of households in each category were equally distributed in all the regions thenQ.The average income for the Northern region in 1987-88, was _____ .a)Rs. 37,727b)Rs. 37,277c)Rs. 35,000d)IndeterminateCorrect answer is option 'A'. Can you explain this answer?
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The following bar chart gives the percentage growth in the number of households in the middle, upper middle and high income categories in the four regions for the period from 1987-88 to 1994-95Additional directions for the last two questions of this set:If the same data as the above were used, with the additional information that the numbers of households in each category were equally distributed in all the regions thenQ.The average income for the Northern region in 1987-88, was _____ .a)Rs. 37,727b)Rs. 37,277c)Rs. 35,000d)IndeterminateCorrect answer is option 'A'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about The following bar chart gives the percentage growth in the number of households in the middle, upper middle and high income categories in the four regions for the period from 1987-88 to 1994-95Additional directions for the last two questions of this set:If the same data as the above were used, with the additional information that the numbers of households in each category were equally distributed in all the regions thenQ.The average income for the Northern region in 1987-88, was _____ .a)Rs. 37,727b)Rs. 37,277c)Rs. 35,000d)IndeterminateCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The following bar chart gives the percentage growth in the number of households in the middle, upper middle and high income categories in the four regions for the period from 1987-88 to 1994-95Additional directions for the last two questions of this set:If the same data as the above were used, with the additional information that the numbers of households in each category were equally distributed in all the regions thenQ.The average income for the Northern region in 1987-88, was _____ .a)Rs. 37,727b)Rs. 37,277c)Rs. 35,000d)IndeterminateCorrect answer is option 'A'. Can you explain this answer?.
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