Direction: Read the graph and answer the following questions
-
What is the difference in profit between 1983 and 1984 (in lakhs of $)?
-
- No profit
- 5
- 10
- 15
Correct Option: C
From the given bar diagram , we see
Income of a company in 1983 = $ 50 lakh
Expenditure of a company in 1983 = $ 30 lakh
Income of a company in 1984 = $ 40 lakh
Expenditure of a company in 1984 = $ 30 lakh
Required difference in profit = $ [(50 – 30) – (40 – 30)] lakh
Required difference in profit = $ 10 lakh
