Question

Study the graph carefully to answer the questions that follow.

If the profit earned by company L in the year 2005 was Rs. 1.84 lakhs, what was the profit earned by the company in the year 2006?

• A. Rs 2.12 lakhs
• B. Rs 2.3 lakhs
• C. Rs 2.04 lakhs
• D. Cannot be determined
• E. None of the above

Answer 1

The correct option is B Rs 2.3 lakhs

Profit of company L in the year 2006
$(1.84\times \frac{125}{100})lakhs$
= Rs 2.3 lakhs