Bar Charts Used in Typical Selection Exams
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Out of the two bar graphs provided below, one shows the amounts (in Lakh Rs. = One Lakh is equal to One Hundred Thousand (100,000)) invested by a Company in purchasing raw materials over the years and the other shows the values (in Lakh Rs. = One Lakh is equal to One Hundred Thousand (100,000)) of finished goods sold by the Company over the years.
Interpret the data and find the maximum difference between the amount invested in Raw materials and value of sales of finished goods was during the year?
Answer & Explanation:
Answer: Option C
Explanation: The differences between the amount invested in raw material and the value of sales of finished goods for various years are:
For 1995 = Rs. (200 - 120) lakhs = Rs. 80 lakhs.
For 1996 = Rs. (300 - 225) lakhs = Rs. 75 lakhs.
For 1997 = Rs. (500 - 375) lakhs = Rs. 125 lakhs.
For 1998 = Rs. (400 - 330) lakhs = Rs. 70 lakhs.
For 1999 = Rs. (600 - 525) lakhs = Rs. 75 lakhs.
For 2000 = Rs. (460 - 420) lakhs = Rs. 40 lakhs.
Clearly, maximum difference was during 1997.
The value of sales of finished goods in 1999 was approximately what percent of the sum of amount invested in Raw materials in the years 1997, 1998 and 1999?
Answer & Explanation:
Answer: Option D
Explanation:
What was the difference between the average amount invested in Raw materials during the given period and the average value of sales of finished goods during this period?
Answer & Explanation:
Answer: Option D
Explanation: Required difference
In which year, the percentage change (compared to the previous year) in the investment on Raw materials is same as that in the value of sales of finished goods?
Answer & Explanation:
Answer: Option B
Explanation: By analysing the data you can see that the percentage change in the amount invested in raw-materials and in the value of sales of finished goods for different years are: Percentage change in Amount invested in raw-material:
In which year, there has been a maximum percentage increase in the amount invested in Raw materials as compared to the year?
Answer & Explanation:
Answer: Option A
Explanation: The percentage increase in the amount invested in raw-materials as compared to the previous year, for different years are:
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