CAT 1999DILR Question 25

Bar GraphsEasy
Passage / Data

Directions: Answer the questions based on the following information.
The figure below represents sales and net profit in Rs. crore of IVP Ltd. for five years from 1994-95 to 1998-99. During this period the sales increased from Rs. 100 crore to Rs. 680 crore. Correspondingly, the net profit  increased from Rs. 2.5 crore to Rs. 12 crore. Net profit is defined as the excess of sales over total costs.

The highest percentage of growth in sales, relative to the previous year, occurred in

Answer & solution

  • 1995-96

  • B

    1996-97

  • C

    1997-98

  • D

    1998-99

Solution

From the graph, we know the percentage growth in sales are:

​​​​​​​

It is but obvious from the above table that the maximum percentage increase relative to previous year occurred in 1995-96.

CAT 1999 DILR Q25: The highest percentage of growth in sales, relative to the previous year, occurred in — Solution | TheCATExam