Comprehension

Study the line graph below to answer these question.
line graph shows workforce and productivity

Question: 1

By how much percentage has production changed (approximately) in 2003 as compared to its value for 2000?

Updated On: Oct 11, 2024
  • \(-3\%\)
  • \(+5%\)
  • \(0\%\)
  • \(+7\%\)
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The Correct Option is A

Solution and Explanation

Production in year \(2000 = 17213 × 83.2 = \text {Rs.} \ 14,32,121.6\)
Production in year \(2003 = 12338 × 113 = \text {Rs.} \ 13,94,194\)
Now, % Change in production,
\( = \frac {13,94,194-14,32,121.6}{14,32,121.6} \times 100\)
\(= -2.6\%\)
\(≃ 3\%\)

So, the correct option is (A): \(-3\%\).

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Question: 2

The percentage change in which of the mentioned areas is the highest over the period 2000-2003?

Updated On: Oct 4, 2024
  • Work force
  • Productivity
  • Production
  • Both (1) and (2)
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The Correct Option is B

Solution and Explanation

Percentage Change in productivity \(= \frac {113-83.2}{83.2} \times 100 = 35.8 \%\) (Maximum)

Percentage Change in workforce \(= \frac {17213-12338}{17213} \times 100 = 28.3\%\)

Production in year \(2000 = 17213 \times 83.2 = Rs.\ 14,32,121.6\)

Production in year \(2003 = 12338 × 113 = Rs.\ 13,94,194\)

% Change in production \(= \frac {14,32,121.6-13,94,194}{14,32,121.6} \times 100 = 2.6\%\)

So, the correct option is (B): Productivity.

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Question: 3

Which two variables have moved in the samedirection in the mentioned period?

Updated On: Oct 4, 2024
  • Workforce and productivity
  • Workforce and production
  • Production and productivity
  • None of these
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The Correct Option is B

Solution and Explanation

Workforce is directly proportional to production, indicating that both have followed the same trend. Both experienced a percentage decline between 2000 and 2003.

So, the correct option is (B): Workforce and production.

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