Instructions

Answer the following questions with the given information and the graphs:

There are two wholesale markets (Rajapur mandi and Sivapur mandi) in a state, where commodities are traded between buyers and sellers. Commodity A and Commodity B are traded in Rajapur mandi whereas Commodity C is traded in Sivapur mandi. First graph given below shows yearly average traded quantity of all commodities in the state. The second graph shows yearly traded quantities of Commodity A and Commodity B in the wholesale market of Rajapur mandi.

Question 62

From the years given below, in which year annual percentage change in Commodity C has been lowest?
1. 2014
2. 2015
3. 2017
4. 2018

Solution

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Consider the table given below

Produce Table

For 2014, % annual change over previous year = (-3/8)*100
For 2015, % annual change over previous year = (2/5)*100 
For 2017, % annual change over previous year = (-1/3)*100
For 2018, % annual change over previous year = (-1/4)*100

We can clearly see that the lowest percent change is in 2014 at -37.5%

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