CAT 1999DILR Question 27

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.

Defining profitability as the ratio of net profit to sales, IVP Ltd., recorded the highest profitability in

Answer & solution

  • A

    1998-99

  • 1997-98

  • C

    1994-95

  • D

    1996-97

Solution

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The profitability is maximum for 1997-98.

CAT 1999 DILR Q27: Defining profitability as the ratio of net profit to sales, IVP Ltd., recorded the highest profitability in — Solution | TheCATExam