edited by
2,667 views
1 1 vote

Answer the following question based on the information given below.
Factory Sector by Type of Ownership.
All figures in the table are in percent of the total for the corresponding column.

Sector Factories Employment Fixed Capital Gross Output Value Added
Public 7 27.7 43.2 25.8 30.8
Central Govt. 1 10.5 17.5 12.7 14.1
State/local Govt. 5.2 16.2 24.3 11.6 14.9
Central & State/local Govt. 0.8 1 1.4 1.5 1.8
Joint 1.8 5.1 6.8 8.4 8.1
Wholly private 90.3 64.6 46.8 63.8 58.7
Others 0.9 2.6 3.2 2 2.4
Total 100 100 100 100 100

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

  1. $43$
  2. $47$
  3. $50$
  4. $54$

1 Answer

6 6 votes
Let there be $100$ factories in total.
Since there are $60$ workers / factory, so total workers = $60*100 = 6000$

Out of which $64.6\%$ of workers work in “Wholly private” factories i.e. $6000*0.646 = 3876$ workers

Now “Wholly private” have 90.3 factories,
So $\#$workers/factory = $\frac{3876}{90.3} = 42.92 \approx 43$ workers.
Position:
Show:
Answer:

Related questions

0 0 votes
1 1 answer
1.9k
1.9k views
go_editor asked Apr 25, 2016
1,852 views
Answer the following question based on the information given below.Information Technology Industry in India (Figure are in million US dollars) 1994-951995-961996-971997-9...
0 0 votes
0 0 answers
1.0k
1.0k views
go_editor asked Apr 25, 2016
1,039 views
Answer the following question based on the information given below.Information Technology Industry in India (Figure are in million US dollars) 1994-951995-961996-971997-9...
0 0 votes
0 0 answers
1.5k
1.5k views
go_editor asked Apr 25, 2016
1,545 views
Answer the following question based on the information given below.Information Technology Industry in India (Figure are in million US dollars) 1994-951995-961996-971997-9...
0 0 votes
0 0 answers
1.3k
1.3k views
go_editor asked Apr 25, 2016
1,280 views
Answer the following question based on the information given below.Factory Sector by Type of Ownership.All figures in the table are in percent of the total for the corres...
0 0 votes
0 0 answers
1.0k
1.0k views
go_editor asked Apr 25, 2016
1,014 views
Answer the following question based on the information given below.Factory Sector by Type of Ownership.All figures in the table are in percent of the total for the corres...