How to solve Iift 2015 Question 77?

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 77

This is a detailed step-by-step solution for Iift 2015 Question 77. Understand the concept, common mistakes, and expert tips to solve similar questions in IIFT exam.

IIFT

On Tabulating the chart , we get

from the previous question value of a=500,c=800,d=600
The product having the least sales value will obviously have the least avg sales value
Sales in the year 2010=4700
Sales in the year 2011=4200
Sales in the year 2012=4500
Sales in the year 2013=4400
Hence in 2011 average of all the products sold is the least
So B is the correct answer

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