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Quantitative Aptitude

Mixture & Alligations

Q7.Defining p...

Question

Q7.Defining profitability as the ratio of net profit to sales, IVP Ltd. recorded the highest profitability in-

A

(a) 1998-99

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B

(b) 1997-98

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C

(c) 1994-95

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D

(d) 1996-97

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Solution

The correct option is B (b) 1997-98

(b)

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%.

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