Indian Institute of Foreign Trade 2016 Solved Paper

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Directions for questions 58-62: The following 2 bar charts represent revenues and expenses (in thousands) of A Ltd, B Ltd, and C Ltd over a period of five years.

Profit = Revenues - Expenses

Question : 58 of 123

Marks: +1, -0

For which company, the average annual expenses were maximum in the given period?

A Ltd
B Ltd
C Ltd
Both A Ltd and B Ltd

Validate

Solution:

{ 105 + 185 + 100 + 120 + 110 }/ { 5 }

= { 620 }/ { 5 } = 124

Company B:

{ 135 + 115 + 130 + 125 + 135 } /{ 5 }

= { 640 }/ { 5 } = 128

Company C:

{ 165 + 155 + 190 + 100 + 100 } /{ 5 }

= { 710 }/ { 5 } = 142

So company C has maximum average annual expenses.

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