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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.
The maximum value of spending on CSR activities in the period 2004-2009 is closest to which of the following options?
Total value of assets inĀ the yearĀ 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)Ā
From the table we can see that maximum spendingĀ on CSR activities in the period 2004 - 2009 = 3.16 crore $$\approx$$ 3 crore. Hence, option D is the correct answer.Ā
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