For anyone attempting the CAT, or any other entrance exam like the XAT, IIFT Entrance, etc., what's the one key word that you absolutely must know? Percentile! CAT Toppers and scorers always talk about the percentile they scored in CAT and mocks. B-schools too have minimum qualification percentiles. If you haven't scored above a whopping 99 percentile, you probably won't make it to the IIMs of the world. But if you are just beginning your CAT prep, this "percentile" is a pretty confusing term, right? How is percentile different from percentage? How do you calculate it? And what does it all mean? In this article, we decode "percentiles" for you!
How To Calculate Percentile - What It Means
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