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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.
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What is the correct answer?

4

Which product had the largest percentage increase in price per cubic metre over the 7 year period?

A. Sawn timber

B. Logs

C. Plywood

D. Cannot be determined

Correct Answer :

B. Logs


percentage change or increase of the followings For plywood = 20000 - 1400014000 × 100 = 42.8% For swan timber = 16000 - 1000010000 × 100 = 60% For logs = 7000 - 40004000 × 100= 75%

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