Data interpretation · solved example
The disbursement in Q3 is what percent more than the disbursement in Q1?
- 33.33%
- 40%
- 50%Correct
- 60%
- 66.67%
Solution
The increase is 180 - 120 = 60 crore, and percentage more is always taken on the quantity being compared against, which is Q1. So 60/120 x 100 = 50%. The common error is dividing by 180 and choosing 33.33%, which answers a different question: by what percent Q1 is less than Q3.