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What is the percentage decrease in the market capital of Mutual Fund and FC taken together from 2011 to 2012?

A 24.3%

B 20.8%

C 28.4%

D 26.8%

E 18.7%

Solution

Correct Answer: Option E

Market capital of Mutual Fund and FC taken together from 2011 = (24 + 11) % of 265

= 35/100 × 265 = 92.75 crores

Market capital of Mutual Fund and FC taken together from 2012 = (18 + 11) % of 260 crores

= 29/100 × 260 = 75.4 crores

Percentage decrease from 2011 to 2012 = \(\frac{{92.75 - 75.4}}{{92.75}} \times 100 = 18.71{\rm{\% }}\)

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