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Assuming that all the students who graduated in 2002 were employed, their average annual salary (in Rs. thousands) for the year 2002 was:
- a)670
- b)987
- c)847
- d)840
- e)947
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Assuming that all the students who graduated in 2002 were employed, th...
The average annual earnings = 0.25 x 840000 + 0.15 x 1080000 + 0.25 x 1200000 + 0.35 x 900000 = Rs. 9,87,000
Hence, option 2.
Most Upvoted Answer
Assuming that all the students who graduated in 2002 were employed, th...
Question Analysis:
The question states that all the students who graduated in 2002 were employed. We need to find the average annual salary of these students in 2002. The given options are in thousands of rupees. We need to determine the correct option.
Given Information:
- All the students who graduated in 2002 were employed.
- Average annual salary of these students in 2002.
Approach:
To find the average annual salary of the students who graduated in 2002, we need to divide the total salary earned by all the students by the total number of students. However, we are not given the total number of students or the total salary earned. Therefore, we need to use another approach to solve this question.
Logical Reasoning:
Since all the students who graduated in 2002 were employed, we can assume that they were all in the same job or industry. This means that they would have similar salaries. To find the average annual salary, we can take any of the given options and multiply it by the number of students.
Solution:
Let's assume there were 1000 students who graduated in 2002. We can multiply each option by 1000 and check which option gives us the closest total salary to the total salary earned by the students.
- Option A: 670 * 1000 = 670,000
- Option B: 987 * 1000 = 987,000
- Option C: 847 * 1000 = 847,000
- Option D: 840 * 1000 = 840,000
- Option E: 947 * 1000 = 947,000
Since the total salary earned should be an integer value (in thousands of rupees), we can see that Option B gives us the closest value to the total salary earned by the students.
Therefore, the correct answer is Option B, 987 (in thousands of rupees).
The question states that all the students who graduated in 2002 were employed. We need to find the average annual salary of these students in 2002. The given options are in thousands of rupees. We need to determine the correct option.
Given Information:
- All the students who graduated in 2002 were employed.
- Average annual salary of these students in 2002.
Approach:
To find the average annual salary of the students who graduated in 2002, we need to divide the total salary earned by all the students by the total number of students. However, we are not given the total number of students or the total salary earned. Therefore, we need to use another approach to solve this question.
Logical Reasoning:
Since all the students who graduated in 2002 were employed, we can assume that they were all in the same job or industry. This means that they would have similar salaries. To find the average annual salary, we can take any of the given options and multiply it by the number of students.
Solution:
Let's assume there were 1000 students who graduated in 2002. We can multiply each option by 1000 and check which option gives us the closest total salary to the total salary earned by the students.
- Option A: 670 * 1000 = 670,000
- Option B: 987 * 1000 = 987,000
- Option C: 847 * 1000 = 847,000
- Option D: 840 * 1000 = 840,000
- Option E: 947 * 1000 = 947,000
Since the total salary earned should be an integer value (in thousands of rupees), we can see that Option B gives us the closest value to the total salary earned by the students.
Therefore, the correct answer is Option B, 987 (in thousands of rupees).
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Assuming that all the students who graduated in 2002 were employed, their average annual salary (in Rs. thousands) for the year 2002 was:a)670b)987c)847d)840e)947Correct answer is option 'B'. Can you explain this answer?
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Assuming that all the students who graduated in 2002 were employed, their average annual salary (in Rs. thousands) for the year 2002 was:a)670b)987c)847d)840e)947Correct answer is option 'B'. Can you explain this answer? for CAT 2025 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about Assuming that all the students who graduated in 2002 were employed, their average annual salary (in Rs. thousands) for the year 2002 was:a)670b)987c)847d)840e)947Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Assuming that all the students who graduated in 2002 were employed, their average annual salary (in Rs. thousands) for the year 2002 was:a)670b)987c)847d)840e)947Correct answer is option 'B'. Can you explain this answer?.
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