Instructions

Answer these questions based on the data given in the table below. The table shows the trends in the relative value in the market of select groups of commodities (1999 - 2003):

Question 89

What is the average difference in the relative value of the six commodities in 2003 compared to 1999?

Solution

Difference in the relative value of the six commodities in 2003 compared to 1999

= $$(76-95)+(60-75)+(58-76)+(96-82)+(88-80)+(73-79)$$

= $$(-19)+(-15)+(-18)+(14)+(8)+(-6)=-36$$

=> Required average = $$\frac{-36}{6}=-6$$

=> Ans - (C)


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