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The following graph shows the value of liquor supplied by the 5 states in 1996 and the excise duty rates in each state.
Amount of liquor supplied in Tamil Nadu Distilleries A, B, C, D, E (from bottom to top) in lakh litres.
If Excise duty is levied before the goods leave the factory (on the value of the liquor), then which of the following choices shows distilleries in ascending order of the excise duty paid by them for the year 1996? (Assume the total liquor in TN is supplied by only these 5 distilleries).
We know that the Excise duty is levied on the total value of liquor produced by the 5 distilleries. Since the excise duty remains constant, the excise duty will be in the same order as the order of the amount of the liquor produced by them.
Thus, the correct order is DCEBA.
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