Question
Download Solution PDFThe given diagram depicts the distribution of salaries per annum (in lakh) of the CEOs of six MNCs (C1, C2, C3, C4, C5 and C6).
What is the difference of the salary drawn (in percentage) between the lowest and highest paid CEO?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
Highest salary in C5 = 75 lakhs
Lowest salary in C6 = 50 lakhs
Calculation:
Difference between the highest and lowest salary = 75 - 50 = 25 lakhs
Difference percentage = 25/50 × 100 = 50%
∴ The required percentage is 50%
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