DIRECTIONS : Study the following graph and answer the questions that follow.…

2024

DIRECTIONS : Study the following graph and answer the questions that follow.

In which year was the value per tin the minimum?

If in 1986 tins were exported at the same rate per tin as in 1985, then what would be the value of exports in 1986? (Crores of Rupees).

  1. A.

    400

  2. B.

    987

  3. C.

    456

  4. D.

    352

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Show answer & explanation

Correct answer: D

Step-by-Step Solution

To answer these questions, we analyze the bar chart showing Quantity (in Lakh Tins) and Value (in Crore Rs.) for India's Biscuit Exports.

  1. Question 1: In which year was the value per tin the minimum? The value per tin is calculated as: (Value in Crore Rs.) / (Quantity in Lakh Tins).

    • 1983: 150 / 100 = 1.5

    • 1984: 150 / 75 = 2.0

    • 1985: 330 / 150 = 2.2

    • 1986: 400 / 160 = 2.5

    • 1987: 500 / 200 = 2.5 The minimum value per tin is 1.5, which occurred in 1983.

  2. Question 2: If in 1986 tins were exported at the same rate per tin as in 1985, what would be the value of exports in 1986?

    • Calculate the rate in 1985: Value / Quantity = 330 / 150 = 2.2 Crore Rs. per Lakh Tin.

    • Apply this rate to the quantity in 1986:

    • Quantity in 1986 = 160 Lakh Tins.

    • New Value in 1986 = 160 * 2.2 = 352 Crore Rs.

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