CAT 1997 DILR Question

Instructions

The graph given below gives the yearly details of money invested in producing a certain product over the years 1991 to 1995. It also gives the profit (in ‘000 rupees).

Question 13

In which period was the decrease in profit maximum (as a percentage)?

Solution

The profits of the company became zero only in one year (1994)
Hence, the change in profit is maximum in the period 1993-94 and equals 100%.
Note that there was a decrease in profits in other years also, but the maximum possible change is 100% and it was occurred in 1993-94

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