Instructions

Based on the following information.

The following graphs give annual data of Assets, Sales (as percentage of Assets) and Spending on Corporate Social Responsibility (CSR) (as percentage of Sales), of a company for the period 2004 - 2009.

Question 59

In which year was the increase in spending on CSR, vis - à - vis the previous year, the maximum?

Name: In which year was the increase in spending on CSR, vis - à - vis the previous year, the maximum?
Uploaded: July 10, 2020, 7:58 p.m.
Duration: 7 min 45 s
Description: In which year was the increase in spending on CSR, vis - à - vis the previous year, the maximum?

Solution

Total value of assets in the year 2004 = 100 crore

Total value of sales in the year 2004 = 0.60*100 = 60 crore

CSR spending in the year 2004 = $$\dfrac{5/3}{100}\times 100$$ = 1 crore.

Similarly, we can calculate for the remaining years. Tabulating the same data, (All the values are in crores)

From the table, we can see that the increase in CSR spending 2006 is more than 1.5 times as compared to previous year whereas for none of the other values this is true. Hence, option B is the correct answer.

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In which year was the increase in spending on CSR, vis - à - vis the previous year, the maximum?

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