Instructions

Answer the questions with the given information and the graph.
The analyst at a retail giant has modelled the consumer spending and consumer sentiment to prepare a strategy on product offers in the upcoming festive season. The data given in the figure are from last 10 years on 3 parameters namely, food spending (Food_Spend), style spending (Style_Spend), and sentiment index (Sentiment_Index). Study the figure below and answer the following questions :

Question 62

From the years mentioned below, in which year Food_Spend as a proportion of Style_Spend is lowest ?

Solution

2012 : 520/350 = 1.49

2013 : 700/650 = 1.07

2015 : 520/450 = 1.15

2016 : 520 / 450= 1.15

2013 is the lowest and hence it is the correct answer.

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From the years mentioned below, in which year Food_Spend as a proportion of Style_Spend is lowest ?

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