TR Jain Vk Ohri Solutions for Class 11 Science Economics Chapter 8 Arithmetic Line Graphs Or Time Series Graphs are provided here with simple step-by-step explanations. These solutions for Arithmetic Line Graphs Or Time Series Graphs are extremely popular among class 11 Science students for Economics Arithmetic Line Graphs Or Time Series Graphs Solutions come handy for quickly completing your homework and preparing for exams. All questions and answers from the TR Jain Vk Ohri Book of class 11 Science Economics Chapter 8 are provided here for you for free. You will also love the ad-free experience on Meritnation’s TR Jain Vk Ohri Solutions. All TR Jain Vk Ohri Solutions for class 11 Science Economics are prepared by experts and are 100% accurate.

Page No 200:

Question 1:

Get data from your school office on the total fee charged for admission to Class XI, between the period 2014-2021. Plot the data on graph paper. Read the arithmetic line graph carefully and write your observation.

Answer:

Year 2014 − 15 2015 − 16 2016 − 17 2017− 18 2018− 19 2019 − 20 2020 −21
Fees 10000 10500 13000 12000 14000 14500 15250




Observation: From the above graph, we can observe that the school has increased the fee charged for admission to class XI, from the academic year 2011-12 till 2013-14. However, in the year 2014-15 the school decreased the fee amount from Rs 13,000 to Rs 12,000 after which the school fee was again increased from the year 2015-16 till 2017-18.



Page No 201:

Question 1:

Find out the data from your father about monthly family expenditure during the year 2021. Get similar information from your trustworthy close friend. Make an arithmetic line graph. Write your observations on the quality of life of the two families.

Answer:

The following table show the monthly expenditure of our family and that of my close friend Sachin's family.
 

Month Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec.
Expenditure of our family 20,000 21,000 26,000 23,000 23,500 24,000 21,000 22,000 22,700 26,000 27,000 28,000
Expenditure of Sachin's Family 35,000 38,000 38,900 37,000 40,000 36,000 35,500 37,900 34,500 37,600 40,000 39,800


Observation:
Sachin's family expenditure is more than our's therefore their standard of living is better than us.



Page No 213:

Question 1:

  Plot the annual profits of a firm on a time series graph:
 

Year 2016 2017 2018 2019 2020 2021
Profit ('000 ₹) 60 72 75 65 80 95

Answer:

                         Annual Profits of a Firm


Page No 213:

Question 2:

Plot the following hypothetical figures on a time series graph:
 

Year Imports
(₹ thousand crore)
Exports
(₹ thousand crore)
2016-17
2017-18
2018-19
2019-20
2020-21
123
178
215
231
245
106
140
159
203
209

Answer:


Page No 213:

Question 3:

The following are the figures of sales of two firms A and B for the years 2011-2018. Present the data graphically.
 

Year Sales of Firm A
(in thousand units)
Sales of Firm B
(in thousand units)
2014
2015
2016
2017
2018
2019
2020
2021
15
17
20
19
25
28
29
27
4
9
11
12
8
10
13
12

Answer:

                             Sales of Firm A and Firm B

Page No 213:

Question 4:

The following are the sales figures of TVs of Firm A, during 2013-2018:
 

Year 2013 2014 2015 2016 2017 2018
Sale (in thousand units) 2,155 2,201 2,250 2,190 2,095 2,170

Plot the above data on time series graph.

Answer:

                         Sales of T.V. of Firm A
                                (Year 2013-18)   



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