Data Interpretation Practice Paper for SBI PO 2014
Direction for Questions 1 to 5 : These questions are based on the graph given below
Production and demand of steel from 1997 through 2002 (in Million tonnes)
For any year, Surplus= Production+Demand-Exports
1). In which year, the ratio of production to demand is highest?
- 1998
- 1999
- 1997
- 2001
2) In 1996, the demand is 22% less than that in 1997. What is the approximate production (in million tonnes) in 1996 if the ratio of demand to production is 4:11?
- 78
- 75
- 72
- 64
3) In which year is the demand, as a percentage of the production, the highest?
- 2000
- 2001
- 1998
- 1997
4) If there is no surplus up to the year 1996, then what is the total surplus of steel (in million tonnes) by the end of 2000? (Assume that the total exports from 1997 to 2000 is 8 million tonnes and that there are no imports)
- 38
- 22
- 45
- 30
5) In 1999 the cost of production per unit is 20% more than that in 1998. What is the ratio of the total cost of production in 1998 to that in 1999?
- 4:3
- 1:3
- 3:4
- 3:1
Question 1:
By observation we can say that in 1999, the ratio of production to demand is the highest.
Ans:-Choice 2
Question 2:
Demand is 1996=(100-22/100)*30
= 23.4 million tonnes
Production in 1996=(23.4)11/4 = 64.35 million tonnes
Ans:- Choice 4
Question 3:
Only in 2000, the demand is more than the production. So in that year the demand as a percentage of production is the highest.
Ans:- Choice 1
Question 4:
Production of steel from 1997 to 2000 = 40+45+50+40+=175 million tonnes
Demand of steel from 1997 to 2000 = 30+32+30+45= 137 million tones
Exports from 1997 to 2000 = 8 million tones
Surplus of steel up to 2000 = 15 - (137+8) = 30 millions tonnes
Ans:- Choice 4
Question 5:
Let the cost of production in 1998 be Rs X per million tonne.
Required ration=(X)(45):(1.2X)(50)= 3:4
Ans:- Choice 3
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