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?


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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