Question

The following graph shows sales data of two products X and Y from 2015 to 2020 in Kgs. Study the graph of sales data carefully and answer the questions given below:

In the year 2021, the company expects to have average sales of product Y based on the 2015 to 2020 data. If the company keeps a price of Rs. 26 per Kg for product Y, what will be the revenue generated from product Y in the year 2021?

• A. Rs. 1902550
• B. Rs. 2202550
• C. Rs. 2102650
• D. Rs. 1803650

Hint:

Average the six years of Y sales first, then multiply by the price per kg.

Answer 1

The Correct Option is A

Step 1: Instead of averaging first, multiply the total sales of Y across all six years by the price, then divide by the number of years. Total sales of Y = $439050$ kg.
Step 2: Total value at the given rate = $439050 \times 26 = 11415300$.
Step 3: Dividing by 6 years gives the expected 2021 revenue: $11415300/6 = 1902550$.
\[\boxed{Rs.\ 1902550}\]