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Question

Defining profitability as the ratio of net profit to sales, IVP Ltd. recorded the highest profitability in-


A
1998-99
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B
1997-98
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C
1994-95
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D
1996-97
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Solution

The correct option is C 1997-98
1998 - 99 = 12/680 = 1.76 %
1997 - 98 = 7.5/280 = 2.68%
1994 - 95 = 2.5/100 = 2.5%
1996 - 97 = 4 / 250 = 1.6%.

All India Test Series

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