Question : Out of the two bar graphs provided below, one shows the amounts ( INR in Lakhs) invested by a company in purchasing raw materials over the years and the other shows the values ( INR in Lakhs) of finished goods sold by the company over the years.
What was the difference between the average amount invested in raw materials from 1997 to 2000 and the average value of sales of finished goods during the same period from 1997 to 2000?
Option 1: 77.5 lakhs
Option 2: 70.5 lakhs
Option 3: 76.5 lakhs
Option 4: 87.5 lakhs
Correct Answer: 77.5 lakhs
Solution :
Average amount invested in raw materials during 1997 to 2000 = $\frac{375 + 330 + 525 + 420}{4}$
= $\frac{1650}{4}$
= 412.5
Average amount of sales of finished goods during 1997 to 2000 = $\frac{500 + 400 + 600 + 460}{4}$
= $\frac{1960}{4}$
= 490
Required difference = 490 – 412.5 = 77.5
Hence, the correct answer is 77.5 lakhs.
Related Questions
Know More about
Staff Selection Commission Sub Inspector ...
Application | Eligibility | Selection Process | Result | Cutoff | Admit Card | Preparation Tips
Get Updates BrochureYour Staff Selection Commission Sub Inspector Exam brochure has been successfully mailed to your registered email id “”.