Direction: Study the following bar graph and answer the questions.
Gross Profit and Net Profit of a company (in lakh of $) for the years 1994-1997:
-
The ratio of gross profit to net profit in a year was greatest in the year
-
- 1994
- 1995
- 1996
- 1997
Correct Option: A
On the basis of given graph in question ,
Gross profit in Year 1994 = 30
Net profit in Year 1994 = 10
Ratio = 30 : 10
Gross profit : net profit in Year 1994 ⇒ 3 : 1
Gross profit in Year 1995 = 40
Net profit in Year 1995 = 15
Gross profit : net profit in Year 1995 ⇒ 40 : 15 = 8 : 3
Gross profit in Year 1996 = 45
Net profit in Year 1996 = 25
Gross profit : net profit in Year 1996 ⇒ 45 : 25 = 9 : 5
Gross profit in Year 1997 = 50
Net profit in Year 1997 = 25
Gross profit : net profit in Year 1997 ⇒ 50 : 25 = 2 : 1
Hence , required answer is 1994 .
