If one kg nutrient worth Rs. 6 produces extra crop worth Rs. 20, the Value Cost Ratio (VCR) is
A. 3.3
B. 26
C. 14
D. 120
Answer: Option C
Solution (By Examveda Team)
Then Value Cost Ratio (VCR) is the amount of money earned per money spent. In response to the fertilizer, the ratio of unit fertilizer price to unit crop price for different levels of fertilizer response.If one kg nutrient worth Rs. 6 produces an extra crop worth Rs. 20, the value cost ratio will be 20 - 6 = 14.
This Question Belongs to Agriculture >> Soil Science
Your answer of Rs. 14 is correct if the question is asking for net return/profit: Rs. 20 − Rs. 6 = Rs. 14. However, for Value Cost Ratio (VCR), the calculation is different. VCR means the value of additional crop produced per unit cost of input. Therefore, VCR = Rs. 20 ÷ Rs. 6 = 3.33. So, Rs. 14 is the net profit, while 3.33:1 is the VCR.
kindly clear me.