Questions On Quantitative Techniques SMQTQ017

Directions for questions 1 to 3: These questions are based on the following bar diagram.

1. The average production for the last three years when compared with the average production for the first three years has dropped by

a.5%
b.3%
c.9%
d.7%

2. If Left over = Production – Consumption, then the year in which there is the least left over as a percentage of production is

a.1995
b.1992
c.1991
d.1993

3. Which of the following statements is true?

a. There is a steady increase in production from 1991 to 1995.
b. The consumption is increasing and decreasing in alternate years.
c. The steepest increase in production immediately follows the steepest fall in consumption.
d. None of the above.

Correct Answers:

1. Option – a
Reqd. % = [2750+2816+1764-(1764+2600+2580)/2750+2816 + 1764] X 100
Required % = 386/7330 x 100 = 5.26%
lesser by 5.26%≈ 5%

2. Option – a
By observation it is the least in 1995.

3. Option – c
By observation, only statement three is true.