Following Graph shows the production and demand ( in thousands ) of mobile phones of various companies
Refer the above for the Questions 1 to 5
1. To meet its demand the company A wishes to buy the surplus mobile phones from a single company. Which of the fllowing companies can supply?
SHOW ANSWER
Correct Ans:E
Explanation:
For company A , production = 25000
Demand = 35000
For company A,In order to meet its demand,
No.of mobile phones needed to buy from a single company = ( Demand - Production )
= 35000 - 25000
= 10000
Only company E has surplus production of 10000 mobiles than its demand
2. The demand of company E is approximately what percent of the demand of companyD ?
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Correct Ans:83%
Explanation:
Demand of company E = 25000
Demand of company D = 30000
Required Percentage = [ Demand of company E / Demand of company D ] * 100
Required Percent = ( 25000 / 30000 ) * 100
= ( 25 / 30 ) * 100
= 83.3%
= 83% (approx)
3. The production of mobile phones by company C is the same as the production of which of the following pairs of the companies ?
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Correct Ans:B and E
Explanation:
From graph it is clearly shown the companies areB and E
4. What is the average production of mobile phones by all the companies ?
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Correct Ans:31000
Explanation:
Required Percentage = [ Total production of mobile phones by all companies / No.of company ]
Required percentage = ( 25 + 30 + 40 + 25 + 35 ) / 5
= ( 155000 / 5 )
= 31000
5. The production of company B is approximately what percent of the demand ?
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Correct Ans:67%
Explanation:
For company B, production = 30000
Demand = 45000
Required Percentage = [ Production of company B / Demand of company B ] * 100
Required Percent = ( 30000 / 45000 ) * 100
= ( 3000 / 45 ) * 100
= 66.67%
= 67 % (approx)
Refer the graph
Refer the above for the Questions 6 to 10
6. In how many of the given years were the exports more than the imports ?
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Correct Ans:4
Explanation:
The exports are more than the imports imply that the ratio of value of imports to exports is less than 1.
Now, this ratio is less than 1 in years 1995, 1996, 1997 and 2000.
Thus, there are four such years.
7. If the imports of the company in 1996 was Rs. 272 crores, the exports from the company in 1996 was ?
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Correct Ans:Rs. 320 crores
Explanation:
From graph ,
( Import / Export ) in 1996 = 0.85
Given import in 1996 = 272 crores
=> 272 / Export in 1996 = 0.85
=> 272 / 0.85 = Export in 1996
=> Export in 1996
= Rs.320 Crores
8. What was the percentage increase in imports from 1997 to 1998 ?
SHOW ANSWER
Correct Ans:Data inadequate
Explanation:
The graph gives only the ratio of imports to exports for different years. To find the percentage increase in imports from 1997 to 1998, we require more details such as the value of imports or exports during these years.
Hence, the data is inadequate to answer this question.
9. The imports were minimum proportionate to the exports of the company in the year ?
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Correct Ans:1997
Explanation:
The imports are minimum proportionate to the exports implies that the ratio of the value of imports to exports has the minimum value.
Now, this ratio has a minimum value 0.35 in 1997, i.e., the imports are minimum proportionate to the exports in 1997.
10. If the imports in 1998 was Rs. 250 crores and the total exports in the years 1998 and 1999 together was Rs.500 crores, then the imports in 1999 was?
SHOW ANSWER
Correct Ans:Rs. 420 crores
Explanation:
From graph ,
( Imports in 1998 ) / ( Exports in 1998 ) = 1.25
( Imports in 1999 ) / ( Exports in 1999 ) = 1.40
Given ,Imports in 1998 = Rs. 250 crores
Exports in 1998 and 1999 = Rs. 500 crores
Let exports in 1998 = x crores Rs
exports in 1999 = ( 500 - x ) crores Rs
To find imports in 1999
=> ( Imports in 1999 ) / ( Exports in 1998 ) = 250 / x = 1.25
=> 250 / 1.25 = x
=> x = 200
( Imports in 1999 ) / ( Exports in 1999 ) = 1.40
=> Imports in 1999 / ( 500 - x ) = 1.40
=> Imports in 1999 / ( 500 - 200 ) = 1.40
=> Imports in 1999 = 1.40 * 300
= 420 crore Rs
Refer this graph:
Refer the above for the Questions 11 to 14
11. In how many of the given years, were the exports from Company Z more than the average annual exports over the given years ?
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Correct Ans:4
Explanation:
Average annual exports of Company Z during the given period
= (60 + 90 + 120 + 90 + 60 + 80 + 100) / 7
= Rs. ( 600 ) / 7 crores = Rs. 85.71 crores.
From the analysis of graph the exports of Company Z are more than the average annual exports of Company Z (i.e., Rs. 85.71 crores) during the years 1994, 1995, 1996 and 1999, i.e., during 4 of the given years.
12. What was the difference between the average exports of the three Companies in 1993 and the average exports in 1998 ?
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Correct Ans:Rs. 20 crores
Explanation:
Average exports of the three Companies X, Y and Z in 1993
= Rs. (30 + 80 + 60) /3 crores = Rs.170 / 3 crores.
Average exports of the three Companies X, Y and Z in 1998
= Rs. (50 + 100 + 80)/3 crores = Rs. 230 / 3 crores.
Difference = Rs. [ ( 230 ) - ( 170 ) ] / 3 crores= Rs. 20 crores.
13. In which year was the difference between the exports from Companies X and Y the minimum ?
SHOW ANSWER
Correct Ans:1996
Explanation:
The difference between the exports from the Companies X and Y during the various years are:
In 1993 = Rs. (80 - 30) crores = Rs. 50 crores.
In 1994 = Rs. (60 - 40) crores = Rs. 20 crores.
In 1995 = Rs. (60 - 40) crores = Rs. 20 crores.
In 1996 = Rs. (70 - 60) crores = Rs. 10 crores.
In 1997 = Rs. (100 - 80) crores = Rs. 20 crores.
In 1998 = Rs. (100 - 50) crores = Rs. 50 crores.
In 1999 = Rs. (140 - 120) crores = Rs. 20 crores.
Clearly, the difference is minimum in the year 1996.
14. Average annual exports during the given period for Company Y is approximately what percent of the average annual exports for Company Z ?
SHOW ANSWER
Correct Ans:93.33%
Explanation:
Average annual exports (in Rs. crore) of Company Y during the given period
= (1/7) (80 + 40 + 60 + 60 + 80 + 100 + 140) = 560/7 = 80.
Average annual exports (in Rs. crore) of Company Z during the given period
= (1/7) x (60 + 90 + 120 + 90 + 60 + 80 + 100) = ( 600 ) / 7 .
Therefore Required percentage = (80 x 100) / ( 600 / 7 ) %
~= 93.33%.
Refer this graph :
Refer the above for the Questions 15 to 15
15. For which of the following pairs of years the total exports from the three Companies together are equal ?
SHOW ANSWER
Correct Ans:1995 and 1996
Explanation:
Total exports of the three Companies X, Y and Z together, during various years are:
In 1993 = Rs. (30 + 80 + 60) crores = Rs. 170 crores.
In 1994 = Rs. (60 + 40 + 90) crores = Rs. 190 crores.
In 1995 = Rs. (40 + 60 + 120) crores = Rs. 220 crores.
In 1996 = Rs. (70 + 60 + 90) crores = Rs. 220 crores.
In 1997 = Rs. (100 + 80 + 60) crores = Rs. 240 crores.
In 1998 = Rs. (50 + 100 + 80) crores = Rs. 230 crores.
In 1999 = Rs. (120 + 140 + 100) crores = Rs. 360 crores.
Clearly, the total exports of the three Companies X, Y and Z together are same during the years 1995 and 1996.
( REFER THIS CHART ) Refer the above for the Questions 16 to 20
16. In how many of the given years were the exports more than the imports ?
SHOW ANSWER
Correct Ans:4
Explanation:
Solution is :
- The exports are more than the imports imply that the ratio of value of imports to exports is less than 1.
- Now, this ratio is less than 1 in years 1995, 1996, 1997 and 2000.
Thus,
there are 4 such years.
17. If the imports of the company in 1996 was Rs. 272 crores, the exports from the company in 1996 was ?
SHOW ANSWER
Correct Ans:Rs. 320 crores
Explanation:
Solution is :
From graph ,
( Import / Export ) in 1996 = 0.85
Given import in 1996 = 272 crores
=> 272 / Export in 1996 = 0.85
=> 272 / 0.85 = Export in 1996
=> Export in 1996 = Rs.320 Crores
18. What was the percentage increase in imports from 1997 to 1998 ?
SHOW ANSWER
Correct Ans:Data inadequate
Explanation:
Solution is :
- The graph gives only the ratio of imports to exports for different years.
- To find the percentage increase in imports from 1997 to 1998, we require more details such as the value of imports or exports during these years.
Hence, the
data is inadequate to answer this question.
19. The imports were minimum proportionate to the exports of the company in the year ?
SHOW ANSWER
Correct Ans:1997
Explanation:
Solution is:
- The imports are minimum proportionate to the exports implies that the ratio of the value of imports to exports has the minimum value.
- Now, this ratio has a minimum value 0.35 in 1997.
i.e., the imports are minimum proportionate to the exports in
1997.
20. If the imports in 1998 was Rs. 250 crores and the total exports in the years 1998 and 1999 together was Rs. 500 crores, then the imports in 1999 was ?
SHOW ANSWER
Correct Ans:Rs. 420 crores
Explanation:
Solutions:
From graph ,
( Imports in 1998 ) / ( Exports in 1998 ) = 1.25
( Imports in 1999 ) / ( Exports in 1999 ) = 1.40
Given ,Imports in 1998 = Rs. 250 crores
Exports in 1998 and 1999 = Rs. 500 crores
Let exports in 1998 = x crores Rs
exports in 1999 = ( 500 - x ) crores Rs
To find imports in 1999
=> ( Imports in 1999 ) / ( Exports in 1998 ) = 250 / x = 1.25
=> 250 / 1.25 = x
=> x = 200
( Imports in 1999 ) / ( Exports in 1999 ) = 1.40
=> Imports in 1999 / ( 500 - x ) = 1.40
=> Imports in 1999 / ( 500 - 200 ) = 1.40
=> Imports in 1999 = 1.40 * 300
= 420 crore Rs
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