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 year in which the gross profit is double the net profit
-
- 1997
- 1995
- 1996
- 1994
Correct Option: A
According to given bar graph , we have
In 1997, Gross profit = $ 50 lakh
Net profit = $ 25 lakh
Hence , the gross profit is double the net profit in year 1997.
