JIPMAT 2022 (LR) - Which year saw the maximum % increase in salary over the previous year? | PYQs + Solutions | AfterBoards
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JIPMAT 2022

Logical Reasoning
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Tabular Data

Medium

Following expenditure was incurred by a company under different heads:
Year Salary Cost of components Power Interest Taxes
2000 288 296 26.4 12.2 32.0
2001 299 332 28.4 14.2 34.6
2002 298 382 26.2 14.8 38.8
2003 305 410 28.6 15.2 42.4
2004 316 428 32.0 14.3 42.6

Which year saw the maximum % increase in salary over the previous year?

Correct Option: 1
For 2001:
299−288288×100=11288×100=3.82%\frac{299-288}{288} × 100 = \frac{11}{288} × 100 = 3.82\%
For 2002:
298−299299×100=−1299×100=−0.33%\frac{298-299}{299} × 100 = \frac{-1}{299} × 100 = -0.33\% (decrease)
For 2003:
305−298298×100=7298×100=2.35%\frac{305-298}{298} × 100 = \frac{7}{298} × 100 = 2.35\%
For 2004:
316−305305×100=11305×100=3.61%\frac{316-305}{305} × 100 = \frac{11}{305} × 100 = 3.61\%
The highest percentage increase was 3.82%3.82\% in 2001.

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