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Get access to the detailed solutions to the previous years questions asked in IIFT exam
Let's calculate the different WAC types during April 2014 - March 2015 and tabulate it as follows
Let's solve the options one by one,
Option A :The absolute difference between average annual sales of 1 Ton and 1⁄2 Ton = 338.03-281.37 = 56.66
Option B: The absolute difference between average annual sales of 1 Ton and 2 Ton = 329.138-281.37 = 47.768
Option C: The absolute difference between average annual sales of 2 Ton and 1⁄2 Ton = 352.128-329.138 = 22.99
Option D:The absolute difference between average annual sales of 11⁄2 Ton and 1⁄2 Ton = 352.128-338.03 = 14.098
The absolute difference between average annual sales of 1 Ton and 1⁄2 Ton is the highest.
Hence A is the correct answer.