Question : Directions: The following chart represents Demand and Production for 5 companies A, B, C, D, and E. Based on the graph answer the questions.
The difference between the average demand and average production of the five companies taken together is:
Option 1: 400
Option 2: 280
Option 3: 130
Option 4: 620
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Correct Answer: 280
Solution : As per the graph, The number of given companies = 5 The total demand of the five companies = 3000 + 600 + 2500 + 1200 + 3300 = 10600 The average demand of the five companies = $\frac{10600}{5}$ = 2120 The total production of the five companies = 1500 + 1800 + 1000 + 2700 + 2200 = 9200 The average demand of the five companies = $\frac{9200}{5}$ = 1840 The required difference = 2120 – 1840 = 280 Hence, the correct answer is 280.
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The ratio of the number of companies having more demand than production to those having more production than demand is:
Option 1: 4 : 1
Option 2: 2 : 2
Option 3: 3 : 2
Option 4: 2 : 3
If company A desires to meet the demand by purchasing surplus production of the company, then the most suitable company is:
Option 1: C
Option 2: D
Option 3: E
Option 4: B
If the production of company D is h times the production of company A. Then h equals:
Option 1: 1.5
Option 2: 2.5
Option 3: 1.2
Option 4: 1.8
If $x$% of demand for company C equals demand for company B, then $x$ equals:
Option 1: 24
Option 2: 20
Option 3: 60
Option 4: 4
Question : Directions: Study the bar chart given below and answer the following questions:
In 2001, the approximate percentage of profit/loss of all the five companies taken together is equal to:
Option 1: 6.88% loss
Option 2: 4.65% profit
Option 3: 6.48% profit
Option 4: 4% loss
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