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Out of the two bar graphs provided below, one shows the amounts (in Lakh Rs.) invested by a Company in purchasing raw materials over the years and the other shows the values (in Lakh Rs.) of finished goods sold by the Company over the years.
In which year, the percentage change (compared to the previous year) in the investment on Raw materials is same as that in the value of sales of finished goods?
  • a)
    1996
  • b)
    1997
  • c)
    1998
  • d)
    1999
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Out of the two bar graphs provided below, one shows the amounts (in La...
The differences between the amount invested in raw material and the value of sales of finished goods for various years are:

For 1995,

= Rs. (200−120) lakhs 
= Rs.80 lakhs.
For 1996,

= Rs. (300−225) lakhs 
= Rs.75 lakhs.
For 1997,

= Rs. (500−375) lakhs 
= Rs.125 lakhs.
For 1998,

= Rs. (400−330) lakhs 
= Rs.70 lakhs.
For 1999,

= Rs. (600−525) lakhs 
= Rs.75 lakhs.
For 2000,

= Rs. (460−420) lakhs 
= Rs.40 lakhs.
Clearly, maximum difference was during 1997
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Out of the two bar graphs provided below, one shows the amounts (in Lakh Rs.) invested by a Company in purchasing raw materials over the years and the other shows the values (in Lakh Rs.) of finished goods sold by the Company over the years.In which year, the percentage change (compared to the previous year) in the investment on Raw materials is same as that in the value of sales of finished goods?a)1996b)1997c)1998d)1999Correct answer is option 'B'. Can you explain this answer?
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