Iift 2015 Question 73
This is a detailed step-by-step solution for Iift 2015 Question 73. 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 calculate Half yearly Sales for Various WAC types:
2 Ton:(2141/6)-(1809/6)/(1809/6)= 0.18(approx)
1⁄2 Ton:(1449/6)-(2777/6)/(2777/6)= -0.48(approx)
1 1⁄2 Ton: (2236/6)-(1820/6)/(1820/6)=0.23(approx)
1 ton :(2092/6)-(1284/6)/(1284/6)=0.63(approx)
Therefore 1 1⁄2 Ton WAC has performed the second best in Half Yearly Sales Performance.
Hence C is the correct answer.