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Question 1
Supermarkets sales for the year 2011, 2012 and 2013 are as follows:
(All amounts in OMR)
Sections 2011 2012 2013
Groceries 62,500 67,500 65,300
Vegitables 22,000 24,200 21,000
Medicines 18,800 17,500 16,500
Textiles 45,300 53,600 61,200
Novelties 2,400 3,300 2,100
TOTAL 151,000 166,100 166,100
Workings:
In 2011, total sales excluding textiles is OMR 105,700
So, 105,700 + Textile sales = Total sales
105,700 + 0.3 total sales = Total sales
0.7 total sales = OMR 105,700
Total sales = 105,700 / 0.7 = OMR 151,000
In 2013,
Groceries sales = 67,500 -2,200 = OMR 65,300
Vegetables sales = 24,200 – 3,200 = OMR 21,000
Medicine sales = 17,500 – 1,000 = OMR 16,500
Novelties sales = 3,300 – 1,200 = OMR 2,100
Textile Sales = 166,100 – 65,300 – 21,000 – 16,500 – 2,100
i) Total Sales for the year 2011 is OMR 151,000
ii) Novelties sales in 2012 increase at 37.5% from its 2011 sales.
Question 2
i) Liner equation of Total cost as follows:
y = 200 + 2x
Where y = total cost and x = no. of units produced
ii) Assume value of x as 100, 200, 300, 400 and 500
Total cost y shall be as below:
where x = 100, y = 200 + 2x = 200 + 2*100 = 400,
where x = 200, y = 200 + 2x = 200 + 2*200 = 600,
where x = 300, y = 200 + 2x = 200 + 2*300 = 800,
where x = 400, y = 200 + 2x = 200 + 2*400 = 1,000,
where x = 500, y = 200 + 2x = 200 + 2*500 = 1,200
Tot 1400
al
cos 1200
t
1000
800
600
400
200
0
0 100 200 300 400 500 600
Units of production
x axis shows units of production where y axis shows total cost.
iii) In the above graph, it shows that when 200 no. of unites are produced, total
cost is OMR 600.
Question 3
Following are sales (in no. of units) of XYZ co. for six months from January to June
2014:
Month Sales
Jan 200
Feb 400
Mar 800
Apr 500
May 600
Jun 400
Following is bar graph of the above data where x axis shows months during 2014 and y
axis shows no. of units sales during the year 2014:
900
800
700
600
Sales units
500
400
300
200
100
0
Jan Feb Mar Apr May Jun