Please enter the following details
Based on the following information.
The following graphs give annual data of Assets, Sales (as percentage of Assets) and Spending on Corporate Social Responsibility (CSR) (as percentage of Sales), of a company for the period 2004 - 2009.
In which year, did the spending on CSR (measured in Rs) decline, as compared to previous year?
Total value of assets in the year 2004 = 100 crore
Total value of sales in the year 2004 = 0.60*100 = 60 crore
CSR spending in the year 2004 = $$\dfrac{5/3}{100}\times 100$$ = 1 crore.
Similarly, we can calculate for the remaining years. Tabulating the same data, (All the values are in crores)
From the table, we can see that the CSR spending never decreased as compared to previous year. Hence, option E is the correct answer.
Video Solution
