Question

What is the average annual growth rate of PAL car production for the period 2001 to 2004?

• A. 100\(\%\)
• B. 50\(\%\)
• C. 20\(\%\)
• D. 33.3\(\%\)
• A. 42.2\(\%\)
• B. 37.5\(\%\)
• C. 40\(\%\)
• D. 25.5\(\%\)
• A. 16.7\(\%\)
• B. 25\(\%\)
• C. 50\(\%\)
• D. 33.3\(\%\)
• A. Rs 750 Cr
• B. Rs 1080 Cr
• C. Rs 7500 Cr
• D. Cannot be determined
• A. Rs 720 Cr
• B. Rs 986 Cr
• C. Rs 1080 Cr
• D. Rs 850 Cr

Answer 1

The Correct Option is D

Required average growth rate

=\(\frac{60,000 - 30,000}{30,000}\)×100 = 33.33\(\%\).
So the correct option is (D)

Answer 2

From the visual observation we can see that year 2004
shows the maximum percentage change in the average
price per car of PAL with respect to previous year 
= \(\frac{6 - 3.75}{6}\)= 37.5\(\%\)
So the correct option is (C)

Answer 3

Total production of cars in 2002 = 300000
Total production of PAL cars in 2002 = 50000
Required share of PAL car = \(\frac{50000}{300000}\)×100 = 16.67\(\%\)
So the correct option is (A)

Answer 4

Revenue of PAL company cannot be determined as we
have the average price per car not the actual price per
car.
So the correct option is (D)

Answer 5

Production rejected in 2000 = 40000 ×\(\frac{10}{100}\) = 4000 
Thus the products available for sale = 40000−4000 = 36000 
Required turnover = 36000 × 3 ,00000=1080 crore.
So the correct option is (C).