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The bar graph shows the amounts (In Rs.) invested in raw materials and the value of finished goods for the given years. The average value of the finished goods was how much percent greater than the average value of the raw materials in all of the years?

The bar graph shows the amounts (In Rs.) invested in raw materials and the value of finished goods for the given years. The average value of the finished goods was how much percent greater than the average value of the raw materials in all of the years? Correct Answer 33.33%

Given:

The value of raw material in 2016 is 4800

The value of raw material in 2017 is 1800

The value of raw material in 2018 is 2100

The value of raw material in 2019 is 3900

The value of raw material in 2020 is 6900

The value of finished material in 2016 is 6700

The value of finished material in 2017 is 2100

The value of finished material in 2018 is 2800

The value of finished material in 2019 is 6000

The value of finished material in 2020 is 8400

Concept:

The average = (Sum of all items value)/(Total number of items)

Calculation:

⇒ The average value of raw materials = (4800 + 1800 + 2100 + 3900 + 6900)/5 = 19500/5 = 3900

⇒ The average value of finished material = (6700 + 2100 + 2800 + 6000 + 8400)/5 = 26000/5 = 5200

⇒ The average finished mterial grater than raw material = 5200 - 3900 = 1300

⇒ The required % = (1300/3900) × 100 = 100/3 = 33.33%

∴ The required result will be 33.33%.

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