Study the graph and answer the question that follows.
The given chart represents the demand and production of leather bags of five companies U, V, X, Y and Z.
If the production of leather bags by company Y is equal to 'm' times of the production of leather bags by company X. then the value of 'm' is:
Answer & explanation
Correct answer: option 2
Production of leather bags by company Y = 5500
Production of leather bags by company X = 2000
Production of leather bags by Y is what times of X (m)= \(\frac{5500 }{2000}\)
= 2.75
m = 2.75