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CAT 1995 — DILR Question 8

TablesEasy
Passage / Data

Direction: Answer the questions based on the following information.

​​​​​​​​​​​​​​

​​​​​​​Ghosh 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 profit before tax per rupee of sales highest?

Answer & solution

  • A

    1991

  • B

    1992

  • C

    1993

  • 1994

Solution

​​​​​​​​​​​​​​

​​​​​​​Hence, profit before tax per rupee of sales was the highest in 1994.

CAT 1995 DILR Q8: In which year was the profit before tax per rupee of sales highest? — Solution | TheCATExam