CAT Question Paper | CAT Verbal Ability Slot
Question :
Considering all three years, which company had the highest annual profit?
Started 1 month ago by Shashank in
Option A
is the correct answer.
Explanatory Answer
It is given,
Company A:
Revenue = 240 and cost incurred = 180
Profit = 240 - 180 = 60
Company B:
Revenue = 220 and cost incurred = 145
Profit = 220 - 145 = 75
Company C:
Revenue = 195 and cost incurred = 110
Profit = 195 - 110 = 85
Company D: Revenue = 140 and cost incurred = 160
No profit.
Company C had the highest annual profit.
The question is " Considering all three years, which company had the highest annual profit? "
Hence, the answer is 'Company C'
Choice A is the correct answer.
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