Study the graph carefully to answer the questions that follow. If the profit earned by company M in the year 2008 was Rs 3.63 lakhs, what was the amount of profit earned by it in the year 2006?
A
Rs 2.16 lakhs
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B
Rs 1.98 lakhs
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C
Rs 2.52 lakhs
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D
Cannot be determined
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E
None of the above
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Solution
The correct option is C Rs 2.52 lakhs Profit of company M in the year 2006 =Rs(3.63×100115×100125)lakhs=Rs2.52lakhs