PLEASE post your doubts of DI Test 1 here

Manish

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11. Suppose the average employment level is 60 per factory. The average employment in “wholly private” factories is approximately

:

(a) 43 (b) 47 © 50 (d) 54

Solution:

If average employment per factory is 60 - then

Total employment (assuming 100 factories in total) = 6000

Total Employment in wholly private factories = 64.6% of 6000.

From the table it is a known that the number of wholly private factories is 90.3% of total factories - therefore if we assume that the total factories are 100 then the number of wholly private factories are 90.3.

Thus the average employment in wholly private factories =

64.6 % of 6000/ 90.3 = 42.9 = 43

16. The total value added in all sectors is estimated at Rs. 140,000 crores. Suppose that the number of firms in the joint sector

is 2700. The average value added per factory, in Rs. crores, in the central govt. is :

(a) 141 (b) 14.1 © 131 (d) 13.1

Solution

Total output = 140000 Crore

Output of the central Government = 14.1 % of 140000 crore

Number of factories in the joint sector are 1.8 % of the total factories = 2700

Total factories = 2700/(1.8 %)

Number of factories in the government sector = 1% of 2700/(1.8%) = 1500

Output per central government factory = 14.1% of 140000/1500 =13.1 crore

:

(a) 43 (b) 47 © 50 (d) 54

Solution:

If average employment per factory is 60 - then

Total employment (assuming 100 factories in total) = 6000

Total Employment in wholly private factories = 64.6% of 6000.

From the table it is a known that the number of wholly private factories is 90.3% of total factories - therefore if we assume that the total factories are 100 then the number of wholly private factories are 90.3.

Thus the average employment in wholly private factories =

64.6 % of 6000/ 90.3 = 42.9 = 43

16. The total value added in all sectors is estimated at Rs. 140,000 crores. Suppose that the number of firms in the joint sector

is 2700. The average value added per factory, in Rs. crores, in the central govt. is :

(a) 141 (b) 14.1 © 131 (d) 13.1

Solution

Total output = 140000 Crore

Output of the central Government = 14.1 % of 140000 crore

Number of factories in the joint sector are 1.8 % of the total factories = 2700

Total factories = 2700/(1.8 %)

Number of factories in the government sector = 1% of 2700/(1.8%) = 1500

Output per central government factory = 14.1% of 140000/1500 =13.1 crore

- sadmin
- Site Admin
**Posts:**212**Joined:**Wed Feb 13, 2013 5:51 am

Solution of Q13 Wrote:13. Gross Output = k × No. of employees

= k × variable cost

Variable cost is highest for the sector for

which Gross Output is the highest, i.e.,

Wholly Private.

Sir I think it should have been

Solution of Q13 should have been Wrote:13. Gross Output = k × No. of employees x Variable cost / emp.

= k × variable cost

Variable cost is highest for the sector for

which Gross Output is the highest, i.e.,

Wholly Private.

= k × variable cost

Variable cost is highest for the sector for

which Gross Output is the highest, i.e.,

Wholly Private.

Sir I think it should have been

Solution of Q13 should have been Wrote:13. Gross Output = k × No. of employees x Variable cost / emp.

= k × variable cost

Variable cost is highest for the sector for

which Gross Output is the highest, i.e.,

Wholly Private.

- gaurav1399
**Posts:**48**Joined:**Wed Feb 27, 2013 7:49 am

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