CAT 1995 — DILR Question 7
TablesEasy
Passage / Data
Direction: Answer the questions based on the following information.
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âââââââGhosh Babu surveyed his companies and obtained the following data. Income tax is paid from profit before tax and the remaining amount is apportioned to dividend and retained earnings. The retained earnings were accumulated into reserves. The reserves at the beginning of 1991 were Rs.80 lakh.
In which year was the sales per rupee of share capital highest?
Answer & solution
1991
- B
1992
- C
1993
- D
1994
Solution
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âââââââHence, sales per rupee of share capital was the highest in 1991.