Data Interpretation - Bar Charts - Discussion
Discussion Forum : Bar Charts - Bar Chart 4 (Q.No. 3)
Directions to Solve
Out of the two bar graphs provided below, one shows the amounts (in Lakh Rs.) invested by a Company in purchasing raw materials over the years and the other shows the values (in Lakh Rs.) of finished goods sold by the Company over the years.
Amount invested in Raw Materials (Rs. in Lakhs)
Value of Sales of Finished Goods (Rs. in Lakhs)
3.
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: Option
Explanation:
Required difference
= Rs. | ![]() |
1 | x (200 + 300 + 500 + 400 + 600 +460) |
6 |
- | 1 | x (120 + 225 + 375 + 330 + 525 + 420) | ![]() |
lakhs | |
6 |
= Rs. | ![]() |
![]() |
2460 | ![]() |
- | ![]() |
1995 | ![]() |
![]() |
lakhs |
6 | 6 |
= Rs. (410 - 332.5) lakhs
= Rs. 77.5 lakhs.
Discussion:
2 comments Page 1 of 1.
Brian said:
9 years ago
First,
Finished goods-- raw materials thier value = 80 + 75 + 125 + 70 + 75 + 40 = 465.
Then 465/12 = 38.75 [/12 because 12 sets of data].
Then 38.75 * 2 = 77.5 [ * 2 because 2 types of data finished and raw].
Finished goods-- raw materials thier value = 80 + 75 + 125 + 70 + 75 + 40 = 465.
Then 465/12 = 38.75 [/12 because 12 sets of data].
Then 38.75 * 2 = 77.5 [ * 2 because 2 types of data finished and raw].
Sandhiya said:
7 years ago
2460 - 1995 = 465,
(465 ÷ 6) = 77.5 lakhs.
(465 ÷ 6) = 77.5 lakhs.
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