Directions: Study the following graphs and answer the questions based on them. |
Circulation of magazines |
BI = Business India, DSJ = Dalal Steet |
Journal, BW = Business World, FI = Fortune |
India |
Note Figures are hypothetical and do not reflect actual circulation figure of the magazines |
Advertisement tariff per colour page (in Rs. rupees) |
In 1989, if Fortune India were to charge the same rate to its advertisers as Dalal Street Journal was charging a year ago, their cost of advertisement per thousand copies in Fortune India world |
A) decrease by 50%
B) Increase by Rs. 140
C) Decrease by Rs. 400
D) Increase by 25%
E) Cannot be determined
Correct Answer: A
Solution :
Required percentage decrease |
\[=\frac{\frac{28000}{31}-\frac{14000}{31}}{\frac{28000}{31}}\times 100%\] |
\[=\frac{28000-14000}{28000}\times 100%\] |
\[=\frac{14000}{28000}\times 100%=50%\] |
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