1.

The sales and cost of goods (in lakhs of rupees) of a manufacturing company in twelve consecutive months are shown in the following chart. Use this information to answer Question.Which pair of numbers, among those given below, best represents the average sales and costs figures for ABC Co. over the period of twelve months? A. 742, 483 B. 742, 383 C. 642, 483 D. 642, 383.

Answer»

Correct option: A. 742, 483

Explanation: 

The average sales cannot be as small as Rs. 642 lakh, as there are many large values to offset the few marginally smaller values. For the same reason, Rs. 383 lakh is too small a value for average cost.



Discussion

No Comment Found

Related InterviewSolutions