Introduction to Data Interpretation


Direction: Study the following bar graph and answer the questions.
Gross Profit and Net Profit of a company (in lakh of $) for the years 1994-1997:

  1. The ratio of gross profit to net profit in a year was greatest in the year









  1. View Hint View Answer Discuss in Forum

    On the basis of given graph in question ,
    Gross profit in Year 1994 = 30
    Net profit in Year 1994 = 10
    Ratio = 30 : 10
    Gross profit : net profit in Year 1994 ⇒ 3 : 1
    Gross profit in Year 1995 = 40
    Net profit in Year 1995 = 15
    Gross profit : net profit in Year 1995 ⇒ 40 : 15 = 8 : 3
    Gross profit in Year 1996 = 45
    Net profit in Year 1996 = 25
    Gross profit : net profit in Year 1996 ⇒ 45 : 25 = 9 : 5

    Correct Option: A

    On the basis of given graph in question ,
    Gross profit in Year 1994 = 30
    Net profit in Year 1994 = 10
    Ratio = 30 : 10
    Gross profit : net profit in Year 1994 ⇒ 3 : 1
    Gross profit in Year 1995 = 40
    Net profit in Year 1995 = 15
    Gross profit : net profit in Year 1995 ⇒ 40 : 15 = 8 : 3
    Gross profit in Year 1996 = 45
    Net profit in Year 1996 = 25
    Gross profit : net profit in Year 1996 ⇒ 45 : 25 = 9 : 5
    Gross profit in Year 1997 = 50
    Net profit in Year 1997 = 25
    Gross profit : net profit in Year 1997 ⇒ 50 : 25 = 2 : 1
    Hence , required answer is 1994 .


  1. The difference of average gross profit and average net profit calculated for four years is









  1. View Hint View Answer Discuss in Forum

    According to given bar graph , we have

    Required difference = $
    1
    (20 + 25 + 20 + 25) lakhs
    4

    Correct Option: D

    According to given bar graph , we have

    Required difference = $
    1
    (20 + 25 + 20 + 25) lakhs
    4

    Required difference =
    1
    × 90 = $ 22.5 lakhs
    4


  1. The percentage of net profit of 1995 as compared to the gross profit in that year is









  1. View Hint View Answer Discuss in Forum

    From the given bar diagram , we see
    The net profit in 1995 = 15
    The gross profit in 1995 = 40

    Required percentage =
    The net profit in 1995
    × 100
    The gross profit in 1995

    Correct Option: C

    From the given bar diagram , we see
    The net profit in 1995 = 15
    The gross profit in 1995 = 40

    Required percentage =
    The net profit in 1995
    × 100
    The gross profit in 1995

    Required percentage =
    15
    × 100 = 37.5%
    40


  1. The year in which the gross profit is double the net profit









  1. View Hint View Answer Discuss in Forum

    According to given bar graph , we have
    In 1997, Gross profit = $ 50 lakh
    Net profit = $ 25 lakh

    Correct Option: A

    According to given bar graph , we have
    In 1997, Gross profit = $ 50 lakh
    Net profit = $ 25 lakh
    Hence , the gross profit is double the net profit in year 1997.


Direction: The following graph shows the production of wheat flour (in 1000 tonnes) by three companies X, Y and Z over the years. Study the graph and answer the questions.

  1. The average production for five years was maximum for which company (s)?









  1. View Hint View Answer Discuss in Forum

    From the given bar diagram , we see
    Total production of Company X = 300 + 450 + 250 + 500 + 400 = 1900
    Number of years = 5

    Average production of Company X =
    Total production of Company X
    Number of years

    Average production of Company X =
    1900
    = 380 thousand tonnes
    5

    Total production of Company Y = 250 + 350 + 350 + 400 + 500 = 1850
    Number of years = 5
    Average production of Company Y =
    Total production of Company Y
    Number of years

    Average production of Company Y =
    1800
    = 370 thousand tonnes
    5

    Total production of Company Z = 350 + 400 + 450 + 350 + 350 = 1900
    Number of years = 5
    Average production
    of Company Z =
    Total production of Company Z
    Number of years

    Correct Option: A

    From the given bar diagram , we see
    Total production of Company X = 300 + 450 + 250 + 500 + 400 = 1900
    Number of years = 5

    Average production of Company X =
    Total production of Company X
    Number of years

    Average production of Company X =
    1900
    = 380 thousand tonnes
    5

    Total production of Company Y = 250 + 350 + 350 + 400 + 500 = 1850
    Number of years = 5
    Average production of Company Y =
    Total production of Company Y
    Number of years

    Average production of Company Y =
    1800
    = 370 thousand tonnes
    5

    Total production of Company Z = 350 + 400 + 450 + 350 + 350 = 1900
    Number of years = 5
    Average production
    of Company Z =
    Total production of Company Z
    Number of years

    Average production
    of Company Z =
    1900
    = 380 thousand tonnes
    5

    ∴ X & Z has maximum production