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The linear trend equation of sales of a company is given by Y = 6,50,000 16,500 X X is 1 unit =1 Year : Predicted sales for the year 2000 is (A) 6,50,000 (B) 16,5000 (C) 33,650,000 (D) 7,32,500?
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The linear trend equation of sales of a company is given by Y = 6,50,0...
Given information:

The linear trend equation of sales of a company is Y = 6,50,000 + 16,500X
Where X is the number of years and Y is the sales in rupees.

To find:

The predicted sales for the year 2000.

Solution:

We need to substitute the value of X as 2000 in the given equation to find the predicted sales for the year 2000.

Y = 6,50,000 + 16,500X
Y = 6,50,000 + 16,500(2000) [Since X is 1 unit = 1 year]
Y = 6,50,000 + 33,000,000
Y = 33,650,000

Therefore, the predicted sales for the year 2000 is ₹33,650,000.

Answer: (C) 33,650,000.
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The linear trend equation of sales of a company is given by Y = 6,50,000 16,500 X X is 1 unit =1 Year : Predicted sales for the year 2000 is (A) 6,50,000 (B) 16,5000 (C) 33,650,000 (D) 7,32,500?
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The linear trend equation of sales of a company is given by Y = 6,50,000 16,500 X X is 1 unit =1 Year : Predicted sales for the year 2000 is (A) 6,50,000 (B) 16,5000 (C) 33,650,000 (D) 7,32,500? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about The linear trend equation of sales of a company is given by Y = 6,50,000 16,500 X X is 1 unit =1 Year : Predicted sales for the year 2000 is (A) 6,50,000 (B) 16,5000 (C) 33,650,000 (D) 7,32,500? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The linear trend equation of sales of a company is given by Y = 6,50,000 16,500 X X is 1 unit =1 Year : Predicted sales for the year 2000 is (A) 6,50,000 (B) 16,5000 (C) 33,650,000 (D) 7,32,500?.
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