Direction Bar Charts Questions and Answers
1.

The maximum difference between the amount invested in Raw materials and value of sales of finished goods was during the year?
A. 1995 B. 1996
C. 1997 D. 1998
Answer and Explanation
Answer:C
Explanation: The differences between the amount invested in raw material and the value of sales of finished goods for various years are: For 1995 = Rs. (200 - 120) lakhs = Rs. 80 lakhs. For 1996 = Rs. (300 - 225) lakhs = Rs. 75 lakhs. For 1997 = Rs. (500 - 375) lakhs = Rs. 125 lakhs. For 1998 = Rs. (400 - 330) lakhs = Rs. 70 lakhs. For 1999 = Rs. (600 - 525) lakhs = Rs. 75 lakhs. For 2000 = Rs. (460 - 420) lakhs = Rs. 40 lakhs. Clearly, maximum difference was during 1997.
2.

The value of sales of finished goods in 1999 was approximately what percent of the sum of amount invested in Raw materials in the years 1997, 1998 and 1999?
A. 33% B. 37%
C. 45% D. 49%
Answer and Explanation
Answer:D
Explanation: Required percentage = [ 600 x 100 ] % (375 + 330 + 525) = 48.78% ~= 49%.
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?
A. Rs. 62.5 lakhs B. Rs. 68.5 lakhs
C. Rs. 71.5 lakhs D. Rs. 77.5 lakhs
Answer and Explanation
Answer:D
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.
4.

In which year, the percentage change (compared to the previous year) in the investment on Raw materials is same as that in the value of sales of finished goods?
A. 1996 B. 1997
C. 1998 D. 1999
Answer and Explanation
Answer:B
Explanation: The percentage change in the amount invested in raw-materials and in the value of sales of finished goods for different years are: Percentage change in Amount invested in raw-material: For 1996 = [ (225 - 120) x 100 ] % = 87.5%. 120 For 1997 = [ (375 - 225) x 100 ] % = 66.67%. 225 For 1998 = [ (330 - 375) x 100 ] % = -12%. 375 For 1999 = [ (525 - 330) x 100 ] % = 59.09%. 330 For 2000 = [ (420 - 525) x 100 ] % = -20%. 525 Percentage change in value of sales of finished goods: For 1996 = [ (300 - 200) x 100 ] % = 50%. 200 For 1997 = [ (500 - 300) x 100 ] % = 66.7%. 300 For 1998 = [ (400 - 500) x 100 ] % = -20%. 500 For 1999 = [ (600 - 400) x 100 ] % = 50%. 400 For 2000 = [ (460 - 600) x 100 ] % = -23.33%. 600 Thus, the percentage difference is same during the year 1997.
5.

In which year, there has been a maximum percentage increase in the amount invested in Raw materials as compared to the previous year?
A. 1996 B. 1997
C. 1998 D. 1999
Answer and Explanation
Answer:A
Explanation: The percentage increase in the amount invested in raw-materials as compared to the previous year, for different years are: For 1996 = [ (225 - 120) ] % = 87.5%. 120 For 1997 = [ (375 - 225) ] % = 66.67%. 225 For 1998 there is a decrease. For 1999 = [ (525 - 330) ] % = 59.09%. 330 For 2000 there is a decrease. Therefore There is maximum percentage increase in 1996.