In which of the following years was the value of sugar per metric ton the lowest among the given years ?

Solution

In 1998, the value of sugar is 25 lakh Rs. The quantity = 15 thousand metric tonnes.

So, value per metric ton = 25 *1,00,000/15,000 = 166.67 Rs

Similarly, the value per ton in 1999 is 80*1,00,000/50,000 = 160 Rs

Value per ton in 2000 = 166.67

In 2001 Value per ton = 168.75

In 2002, Value per ton = 154

In 2003, Value per ton = 153

In 2004, Value per ton = 157

So, it is the lowest in 2003.

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