Table chart
Direction: Figures of biscuit exports from a country during various years are given in the following table. Study the table carefully and answer the questions that follows:

- During which year per tin export price remained at lowest level?
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View Hint View Answer Discuss in Forum
Export price per tin in 2004 = Price in 2004/ Quantity in 2004
Export price per tin in 2005 = Price in 2005 / Quantity in 2005
Export price per tin in 2006 = Price in 2006 / Quantity in 2006
Export price per tin in 2007 = Price in 2007/ Quantity in 2007
Export price per tin in 2008 = Price in 2008/ Quantity in 2008Correct Option: A
Export price per tin in 2004 = Price in 2004/ Quantity in 2004
Export price per tin in 2004 = 150 crores/ 100 lakhs = Rs. 150
Export price per tin in 2005 = Price in 2005 / Quantity in 2005
Export price per tin in 2005 = Rs. 150 crores/Rs. 75 lakhs = Rs. 200
Export price per tin in 2006 = Price in 2006 / Quantity in 2006
Export price per tin in 2006 = Rs. 330 crores/Rs. 150 lakhs = Rs. 220
Export price per tin in 2007 = Price in 2007/ Quantity in 2007
Export price per tin in 2007 = Rs. 400 crores/Rs. 160 lakhs = Rs. 250
Export price per tin in 2008 = Price in 2008/ Quantity in 2008
Export price per tin in 2008 = Rs. 500 crores/Rs. 200 lakhs = Rs. 250
- During which years price per tin remained at the same level?
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View Hint View Answer Discuss in Forum
Export price per tin in 2004 = Price in 2004/ Quantity in 2004
Export price per tin in 2005 = Price in 2005 / Quantity in 2005
Export price per tin in 2006 = Price in 2006 / Quantity in 2006
Export price per tin in 2007 = Price in 2007/ Quantity in 2007
Export price per tin in 2008 = Price in 2008/ Quantity in 2008Correct Option: C
Export price per tin in 2004 = Price in 2004/ Quantity in 2004
Export price per tin in 2004 = 150 crores/ 100 lakhs = Rs. 150
Export price per tin in 2005 = Price in 2005 / Quantity in 2005
Export price per tin in 2005 = Rs. 150 crores/Rs. 75 lakhs = Rs. 200
Export price per tin in 2006 = Price in 2006 / Quantity in 2006
Export price per tin in 2006 = Rs. 330 crores/Rs. 150 lakhs = Rs. 220
Export price per tin in 2007 = Price in 2007/ Quantity in 2007
Export price per tin in 2007 = Rs. 400 crores/Rs. 160 lakhs = Rs. 250
Export price per tin in 2008 = Price in 2008/ Quantity in 2008
Export price per tin in 2008 = Rs. 500 crores/Rs. 200 lakhs = Rs. 250
it is clear that per tin export price was same in 2007 and 2008.
- The export price of biscuit increased from 2004 to 2008 by how much percent?
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View Hint View Answer Discuss in Forum
From the level of 2004 percentage increase in export price in 2008 = (Price in 2008 - price in 2004) x 100/price in 2004
Correct Option: C
From the level of 2004 percentage increase in export price in 2008 = (Price in 2008 - price in 2004) x 100/price in 2004
From the level of 2004 percentage increase in export price in 2008 = (500 - 150) x 100/150 = 2331/3%
- The difference between the number of biscuit tins exported in 2008 and that in 2007 is :
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View Hint View Answer Discuss in Forum
Required difference = (Quantity in 2008 - Quantity in 2007)
Correct Option: D
Required difference = (200 - 160) = 40 lakhs tins = 40,00,000 tins.
- During which year per tin export price remained at Highest level?
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View Hint View Answer Discuss in Forum
Export price per tin in 2004 = Price in 2004/ Quantity in 2004
Export price per tin in 2005 = Price in 2005 / Quantity in 2005
Export price per tin in 2006 = Price in 2006 / Quantity in 2006
Export price per tin in 2007 = Price in 2007/ Quantity in 2007
Export price per tin in 2008 = Price in 2008/ Quantity in 2008Correct Option: A
Export price per tin in 2004 = Price in 2004/ Quantity in 2004
Export price per tin in 2004 = Rs. 150 crores/ Rs. 100 lakhs = Rs. 150
Export price per tin in 2005 = Price in 2005 / Quantity in 2005
Export price per tin in 2005 = Rs. 150 crores/Rs. 75 lakhs = Rs. 200
Export price per tin in 2006 = Price in 2006 / Quantity in 2006
Export price per tin in 2006 = Rs. 330 crores/Rs. 150 lakhs = Rs. 220
Export price per tin in 2007 = Price in 2007/ Quantity in 2007
Export price per tin in 2007 = Rs. 400 crores/Rs. 160 lakhs = Rs. 250
Export price per tin in 2008 = Price in 2008/ Quantity in 2008
Export price per tin in 2008 = Rs. 500 crores/Rs. 200 lakhs = Rs. 250
it is clear that per tin export price was highest in 2007 and 2008.