What is the percentage increase in the average starting salary (per month) of…

2024

What is the percentage increase in the average starting salary (per month) of employment in Hardware in the year 2023 with reference to the year 2019?

Answer: D. 80%Concept: A percentage increase is always measured against the ORIGINAL (reference) value, never against the later value. Percentage increase = (New value −…

  1. A.

    60%

  2. B.

    32%

  3. C.

    96%

  4. D.

    80%

Show answer & explanation

Correct answer: D

Concept: A percentage increase is always measured against the ORIGINAL (reference) value, never against the later value. Percentage increase = (New value − Original value) ÷ Original value × 100. The year named as the reference fixes the denominator, so the earlier year’s figure is the base.

Application: The question is about the average starting salary in Hardware, so only column II of the Hardware row is used; the column I employment shares and the pass-out totals of 800, 600, 1100, 1200 and 1000 students play no part here.

  1. 2019 Hardware average starting salary (the base) = ₹54,500.

  2. 2023 Hardware average starting salary (the new value) = ₹98,100.

  3. Increase = ₹98,100 − ₹54,500 = ₹43,600.

  4. Percentage increase = (43,600 ÷ 54,500) × 100.

  5. 43,600 ÷ 54,500 = 0.8, so the percentage increase = 0.8 × 100 = 80%.

Cross-check: Raising ₹54,500 by 80% gives 54,500 × 1.8 = ₹98,100, which is exactly the 2023 Hardware entry, so the figure is consistent both ways.

Watch out: Dividing the ₹43,600 rise by the 2023 salary instead of the 2019 salary gives 43,600 ÷ 98,100 ≈ 44.4%, and reading the column I employment shares (22 and 32) answers a question about the number of students, not about salary.

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