The following table shows admitted students in an institute during the academic years 2015 to 2020 in different courses.

Academic year Engineering Science Arts Management

2015 1200 850 450 240

2016 1362 821 525 275

2017 1351 870 624 286

2018 1409 921 615 293

2019 1421 931 795 300

2020 1400 950 750 320

Which course had the highest growth rate (in percentage) during the period from 2015 to 2020?

Question

Question

This question was previously asked in

SSC CHSL Exam 2024 Tier-I Official Paper (Held On: 03 Jul, 2024 Shift 2)

Answer 1

Given:

Enrollment data from 2015 to 2020 for different courses (Engineering, Science, Arts, Management)

Formula used:

Growth Rate (%) = [(Final Value - Initial Value) / Initial Value] × 100

Calculation:

For Engineering:

Initial Value (2015) = 1200, Final Value (2020) = 1400

Growth Rate = [(1400 - 1200) / 1200] × 100

⇒ Growth Rate = [200 / 1200] × 100

⇒ Growth Rate ≈ 16.67%

For Science:

Initial Value (2015) = 850, Final Value (2020) = 950

Growth Rate = [(950 - 850) / 850] × 100

⇒ Growth Rate = [100 / 850] × 100

⇒ Growth Rate ≈ 11.76%

For Arts:

Initial Value (2015) = 450, Final Value (2020) = 750

Growth Rate = [(750 - 450) / 450] × 100

⇒ Growth Rate = [300 / 450] × 100

⇒ Growth Rate ≈ 66.67%

For Management:

Initial Value (2015) = 240, Final Value (2020) = 320

Growth Rate = [(320 - 240) / 240] × 100

⇒ Growth Rate = [80 / 240] × 100

⇒ Growth Rate ≈ 33.33%

∴ The course with the highest growth rate is Arts, with a growth rate of approximately 66.67%.