Data Interpretation Questions: Directions for next 4 CAT data interpretation questions: Answer the data interpretation questions based on the following data.
The number of mobile phones sold in India was 24 lakhs in 2001. The mobile phone market has been growing at the rate of 25% per annum every year since 2001.
1. If Samsung sold 62,000 units in November 2002, by how much is its sales above the average monthly sales for the year 2002?
2. If instead of the normal growth rate, the mobile phone market experiences a rapid growth of 40% for the year 2003 over the previous year and the total market is worth Rs, 3,600 crore in that year, then what is the average value of a mobile phone in 2003?
a. Rs. 8,900
b. Rs. 8,400
c. Rs. 8,600
d. Rs. 8,700
e. Cannot be determined
3. If the total market of Nokia phones is worth Rs. 1,000 crore in 2001, then what is the average value of a Nokia mobile in 2003?
a. Rs. 19,800
b. Rs. 14,600
c. Rs. 17,200
d. Rs. 16,800
e. cannot be determined
4. If ‘others’ have a share of 22% in 2003 and the normal growth rate prevails in the market, what is the average number of mobile phones sold in a month by these others’ companies?
a. 8, 25,000