Test Index

MAT Exam 2023 Paper

Question Numbers: 121-125

SECTION-D : Data Analysis & Sufficiency

DIRECTIONS (Qs. 121-125): Attempt the question based on the bar charts, which give the details of Rights and Public Issues Floated and Amount Raised by Indian Companies.

Question : 123 of 200

Marks: +1, -0

The percentage change in total amount in both issues raised during 2002-03 over 2001-02 was

-2.4%
-0.28%
-2.8%
-3.2%

Validate

Solution:

Concept:

Percentage change compares the difference between the current year and the base year with the base year value.

Explanation:

Total amount raised in 2001-02:

2358 + 564 = 2922

Total amount raised in 2002-03:

378 + 2462 = 2840

Difference in total amount:

2840 - 2922 = -82

Percentage change over 2001-02:

\frac{-82}{2922} \times 100 \approx -2.8\%

The negative sign shows a decrease from 2001-02 to 2002-03.

Answer:

-2.8\%

Option C.

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