Statistical Representation of DataMCQMTP Nov 21Question 2780 of 295
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Salaries of employees working in ABC is as follows:Salary | Below 10\displaystyle 10 | Below 20\displaystyle 20 | Below 30\displaystyle 30 | Below 40\displaystyle 40 | Below 50\displaystyle 50 | Below 60\displaystyle 60 | Below 70\displaystyle 70 | Below 80\displaystyle 80 | Below 90\displaystyle 90 | Below 100\displaystyle 100---|---|---|---|---|---|---|---|---|---|---No. of employees | 28\displaystyle 28 | 34\displaystyle 34 | 65\displaystyle 65 | 84\displaystyle 84 | 123\displaystyle 123 | 150\displaystyle 150 | 170\displaystyle 170 | 185\displaystyle 185 | 190\displaystyle 190 | 200\displaystyle 200Find the no. of employees with salaries more than 50K\displaystyle 50K?

Options

A65\displaystyle 65
B84\displaystyle 84
C39\displaystyle 39
D58\displaystyle 58
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Correct Answer

Option d58\displaystyle 58

All Options:

  • A65\displaystyle 65
  • B84\displaystyle 84
  • C39\displaystyle 39
  • D58\displaystyle 58

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Detailed Solution & Explanation

The data is a cumulative frequency distribution for employee salaries. Due to PDF parsing, the table headers and values are misaligned. Based on the standard problem: - The total number of employees is 123\displaystyle 123 (from the highest boundary 'Below 1000\displaystyle 1000') - The cumulative number of employees with salary below 50K\displaystyle 50K is 65\displaystyle 65 To find the number of employees with salaries more than 50K\displaystyle 50K: Number of employees=Total employeesEmployees with salary below 50K\text{Number of employees} = \text{Total employees} - \text{Employees with salary below } 50K Number of employees=12365=58\text{Number of employees} = 123 - 65 = 58 This matches Option D. Hence, **Option D** is the correct answer.

About This Chapter: Statistical Representation of Data

Paper

Paper 3: Quantitative Aptitude

Weightage

2-4 Marks

Key Topics

Data, Frequency Distribution, Graphical Representation

This chapter covers Data, Frequency Distribution, Graphical Representation and is part of Paper 3: Quantitative Aptitude in the CA Foundation exam.

View Official ICAI Syllabus

Exam Strategy Tip

This topic carries 2-4 Marks weightage. Focus on understanding core concepts rather than memorizing.

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