JIPMAT 2024 (LR) - In the light of the total expenditure for 2011, 2012, 2013, 2014 and 2015, what will be the likely expenditure in 2016 ? | PYQs + Solutions | AfterBoards
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JIPMAT 2024 (LR) PYQs

JIPMAT 2024

Logical Reasoning
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Tabular Data

Easy

The following table gives the expenditure details of a family during the years 2011 to 2015 .
Item of ExpenditureExpenditure (in ₹ Thousands)
20112012201320142015Total
Food8009001050120014005350
House Rent1501502102403001050
Clothing75100130170250725
Fuel and Electricity3040506070250
Education1501702002603001080
Medical Expenses7590100110150525
Miscellaneous2202502603604301520
Total1500170020002400290010500

In the light of the total expenditure for 2011, 2012, 2013, 2014 and 2015, what will be the likely expenditure in 2016 ?

Correct Option: 3
The total expenditure follows a pattern.
Respectively, they are: 1500,1700,2000,2400,2900.1500,1700,2000,2400,2900.
The respective differences are 200,300,400,500,200,300,400,500, showing they increase by 100100 every year. \newline Hence, in 2016,2016, the likely expenditure will be 2900+600=35002900+600=3500 thousand, or 35,00,000₹35,00,000

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