Instructions

Refer to the following line charts and solve the questions based on them. The line charts given below give the expenditure and income of ABC Ltd. Which produces and sells only two variants of its rice - Basmati rice and Parmal rice.

Question 65

The total profit of ABC Ltd. is highest in which of the following years?

Solution

Option A: Profits for 2007 = 1120 - 360 = 760

Option B: Profits for 2009 = 1420 - 310 = 1110

Option C: Profits for 2012 = 1220 - 560 = 660

Option D: Profits for 2004 = 920 - 460 = 460

Thus, the maximum profit is in the year 2009.

Hence, the answer is option B.

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IIFT 2021 Slot 1 Question Paper (5th Dec)

The total profit of ABC Ltd. is highest in which of the following years?

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