How to solve Iift 2015 Question 72?

This question can be solved by applying the core concept explained in the solution above, followed by step-by-step calculation and elimination of options.

Which concept is tested in this question?

This question tests fundamental concepts commonly asked in IIFT exams.

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Iift 2015 Question 72

This is a detailed step-by-step solution for Iift 2015 Question 72. Understand the concept, common mistakes, and expert tips to solve similar questions in IIFT exam.

IIFT

Let's calculate the different WAC types during April 2014 - March 2015 and tabulate it as follows

Let's solve the options one by one,
Option A :The absolute difference between average annual sales of 1 Ton and 1⁄2 Ton = 338.03-281.37 = 56.66
Option B: The absolute difference between average annual sales of 1 Ton and 2 Ton = 329.138-281.37 = 47.768
Option C: The absolute difference between average annual sales of 2 Ton and 1⁄2 Ton = 352.128-329.138 = 22.99
Option D:The absolute difference between average annual sales of 11⁄2 Ton and 1⁄2 Ton = 352.128-338.03 = 14.098
The absolute difference between average annual sales of 1 Ton and 1⁄2 Ton is the highest.
Hence A is the correct answer.

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