Question : Directions: The line chart given below shows the ratio of production to sales of two bike manufacturing firms over 6 years.
Assume that if sales in any year are greater than production, then both companies have sufficient stock to meet such instances.
If the sales of Company 1 in 2015 were 50,000 units, then what was its production (in units) in 2015?
Option 1: 38,460
Option 2: 45,000
Option 3: 52,000
Option 4: 65,000
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Correct Answer: 65,000
Solution : Let $p$ denote the production for Company 1 in the year 2015. The sales of Company 1 in the year 2015 = 50,000 units The ratio of the production to the sales = $\frac{p}{50000}$ = 1.3 The production of Company 1 in the year 2015 = 1.3 × 50000 = 65,000 units Hence, the correct answer is 65,000.
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Question : Directions: The line chart given below shows the ratio of production to sales of two bike manufacturing firms over 6 years
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