Indian Institute of Foreign Trade 2009 Solved Paper

Question : 15 of 122

Marks: +1, -0

During which year the Oil used for House Hold as a percentage of Total Oil Used is highest?

1998
1999
2000
2001

Solution:

Total Oil used in the year 1998

=22+1012+1732+104=2870.

Therefore, the percentage of total used that is used for House Hold

=27/2870×100=0.766

Similarly we can calculate for remaining year.

Oil Sales by Type of Use and Production Loss (MT)
	Oil Used				% Use of total Oil used for house Hold
	Metro City			Suburban
Year	House Hold	Transport	Industrial	Suburban
1996	10	700	1794	104	0.383435583
1997	16	920	1864	114	0.549073439
1998	22	1012	1732	104	0.766550523
1999	22	1054	1668	90	0.776287932
2000	20	1092	1700	108	0.684931507
2001	22	1320	1752	168	0.674432863
2002	14	1854	1618	172	0.382722799
2003	6	2046	1270	178	0.171428571
2004	16	2118	1480	208	0.41862899
2005	4	2252	1132	230	0.11055832
2006	4	2384	1228	210	0.104547831
2007	8	2096	1672	254	0.198511166
2008	0.2	2240	1646	266	0.004816724

From the table we can see that, in the year 1999 the Oil used for House Hold as a percentage of total Oil Used is highest
Hence, option B is the correct answer.

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