Question

Complete the sentence using today / this year / this term etc. with appropriate form of verb given in bracket.
Last year the company made a profit but _____ (make) a loss.

• A. today it has made
  
• B. this term it is making
  
• C. this year it has made
  
• D. this term it has made
  

Answer 1

The correct option is C this year it has made

The present perfect tense is used to describe something that happened in the past, but the exact time it happened is not important. It has a relationship with the present.

Have/has + past participle makes the present perfect.

In this sentence, since a mention has been made to the past, we would be using the form of past perfect tense. Now since, the whole sentence is in the third person, we would be using "has" and not "have".

("have" is used in case of first and second person framed sentences)

Now, since we have been comparing with year for this blank we would also use "year" and not "term" or "today".

The past participle is going to be "made"

Thus, option C is correct