Question
Download Solution PDFDirections:
Study the following Bar-chart and the data provided to answer the questions that follow: Investment, Turnover and Profit of four different companies A, Out of the given four companies which one has highest profit proportion? (Profit proportion = Profit/Investment)
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
The table provides Investment, Turnover, and Profit for four companies (A, B, C, D).
Profit Proportion = Profit / Investment
Calculations:
Let's calculate the Profit Proportion for each company:
Company A:
Profit = 2 Lakhs and Investment = 7 Lakhs
Profit Proportion (A) = 2 / 7 ≈ 0.2857
Company B:
Profit = 4.2 Lakhs and Investment = 4.2 Lakhs
Profit Proportion (B) = 4.2 / 4.2 = 1
Company C:
Profit = 6.2 Lakhs and Investment = 3.8 Lakhs
Profit Proportion (C) = 6.2 / 3.8 ≈ 1.6315
Company D:
Profit = 6.2 Lakhs and Investment = 2.2 Lakhs
Profit Proportion (D) = 6.2 / 2.2 ≈ 2.8181
Comparing these values, Company D has the highest profit proportion.
∴ The correct answer is option 1.
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