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.

What is the correct answer?


In 2004, the prices of plywood, sawn timber and logs went up by 5%, 1% and 10% respectively and the total sales were made up of 40% plywood, 30% sawn timber and 30% logs. The average realization per cubic metre in 2004 was closest to

A. Rs. 15,500

B. Rs. 16,135.5

C. Rs. 14,500

D. Rs. 18,500

Correct Answer :

B. Rs. 16,135.5

20000 × (1 + 5%) × 40 100 +16000 × 101100 × 30 100 + 700 110100 30100 1000 800= 8400 + 4848 + 2887.5 = Rs.  16,135.5

Related Questions

The number of men who joined the club in 2010 was what % of the total… What is the total expenditure during the period under review (7 months)… If the forecasted demand is met by having uniform production during the… In which month did the company earn maximum profits? In which year, were the gross sales proceeds the highest? In which year is sales per rupee of equity the highest? By what % is the solubility of Potassium Chlorate in water increased as… Which group could get maximum percentage increase in the score in any… If sales were Rs. 1200 crore in 1990, then what were the total sales in… The performance for which of the following houses is the best? What is the difference between the total number of students passing out… What is the average number of students (males and females) passed out… Who grew at the fastest rate in the first two months of life? In which of the following years was the production of motorbikes exactly… What was the ratio between the number girls enrolled in the school-C in… If the profit earned in 2006 by Compnay B was 8,12,500, what was the total… In which year, the maximum profit was generated vis-�-vis in? In which month is the total increase in the cost highest as compared to… Which month has the highest profit per employee? How many of the restaurant definitely performed better than Dhaba in both… If the maximum production capacity is 300 units, then the unmet demand… In which of the following years, there was the maximum net growth in car… The number of educated and illiterate members (not highly educated) who… If the trend observed between 1999 and 2000 continues in the next year,… In which value score, there exists a no difference state between the personal… After which month did Seetas rate of growth start to decline? If the profit was Rs. 600 in 1993, then what was the profit in 1990? Find the ratio of cars, scooters and motorbikes exported in 1996 : If C has achieved the lowest possible score then- What is the gross profit in 1993?