Table-1 below shows the state-wise foreign investments (in ₹ crore) in the…

2023

Table-1 below shows the state-wise foreign investments (in ₹ crore) in the year 2022 and Table-2 shows the percentage (%) distribution of investments in different sectors for each state. Based on the data in the tables, answer the questions that follow.

Table-1: State-wise Details of Foreign Investment

State

Foreign Investment (in ₹ Crore)

Rajasthan

3120

Madhya Pradesh (MP)

3560

Gujarat

3940

Tamil Nadu (TN)

1380

Andhra Pradesh (AP)

1460

Delhi

1660

Haryana

3880

Table-2: Sector-wise Distribution of Investment for Each State

Defence

Telecom

Insurance

Pharmaceuticals

Construction

Others

25.6%

13.5%

18.5%

8.5%

14.4%

19.5%

The foreign investment in Pharmaceutical sector in AP is approximately ______% less than the foreign investment in Telecom sector in Delhi.

Answer: B. 44.6ConceptWhen comparing how much one quantity is less than another, the larger reference quantity is the denominator. First compute each required sector amount…

  1. A.

    47.6

  2. B.

    44.6

  3. C.

    49.6

  4. D.

    45.8

Attempted by 1 students.

Show answer & explanation

Correct answer: B

Concept

When comparing how much one quantity is less than another, the larger reference quantity is the denominator. First compute each required sector amount as total investment multiplied by its sector percentage. Then use: percentage less = (reference amount − smaller amount) ÷ reference amount × 100.

Application

  1. Andhra Pradesh pharmaceutical investment = 1460 × 8.5 ÷ 100 = ₹124.1 crore.

  2. Delhi telecom investment = 1660 × 13.5 ÷ 100 = ₹224.1 crore.

  3. Difference = 224.1 − 124.1 = ₹100 crore.

  4. Percentage less = 100 ÷ 224.1 × 100 ≈ 44.62%, which rounds to 44.6%.

Cross-check

  1. The ratio 124.1 ÷ 224.1 is about 0.554, so the smaller investment is about 55.4% of the reference investment.

  2. The shortfall is 100% − 55.4% = 44.6%, which confirms the result.

The required approximate percentage is 44.6%.

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