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CAT 1999 — DILR Question 26

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 growth in net profit, relative to the previous year, was achieved in

Answer & solution

  • A

    1998-99

  • B

    1997-98

  • C

    1996-97

  • 1995-96

Solution

From the graph, we can again calculate the growth in profits.

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The highest percentage growth in net profit relative to the previous year was achieved in 1995-96.

CAT 1999 DILR Q26: The highest percentage growth in net profit, relative to the previous year, was achieved in — Solution | TheCATExam