Instructions

Below tables give production and sales data for 4 different categories of vehicles, in last 6 years. In any category, if the production is less than domestic sales and exports then they are imported. If the production is in excess of domestic sales and exports then they are stocked up (inventory is created) to be used in the subsequent years. There was no inventory at the beginning of year 2014-15.

Question 66

How many two wheelers were in Inventory by the end of 2019 -20?

Solution

The inventory of two-wheelers, which was stored in inventory in 2014-15, was used up in 2015-16 as the production in 2015-16 was less than the sales and exports. The production of two-wheelers was more than the exports and sales of two-wheelers for all the following years. Therefore,

No. of two-wheelers in inventory by the end of 2019-20 = (19934 - 19930) + (23155 - 23015) + (24500 - 244661) + (21036 - 20938) = 4+140+39+98= 281

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