Direction.
Directions: Consider the following graph where the prices of timber are given for the period 1997 ?2003. The prices for plywood and sawn timber are given in Rs/m^3 while the price of logs is given in Rs/tonne. Assume 1 tonne in equal to 1,000 kg and one cu. M. of log weights 800kg.\
In 2003, the total sales of the company measured in cubic metres was made up of 40% plywood, 30% sawn timber and 30% logs. The average realization per cubic metre in 2003 was closest to
Rs. 16,500
Rs. 13,500
Rs. 15,425
Rs. 18,000
Correct Answer :
C. Rs. 15,425
Total sales of the company in 2013 be 40% of 20000 + 30% of 16000 + 30% of 7000 = 14900 which is nearer to 15425.
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