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Akki

· started a discussion

· 1 Months ago

Normally formula is given mentioned the question but in your case, it's not ...

Question:

DIRECTIONS : Study the following graph carefully and answer the questions that follow:


The following graph shows the manufacturing volume (in kg), total cost (Rs./kg) and the selling price (Rs./kg) over the years


In which of the following years was the maximum profit generated?
Options:
A) 1996 
B) 1997 
C) 2000 
D) 2001 
E) 1998
Solution:

Profit for any year = (Selling Price – Total Cost) × Manufacturing volume.

The maximum gap between total cost and SP per kg for the given years is 2 and the maximum production is in the year 2000. So, our answer is 2000.

Knowledge Expert

· commented

· 1 Months ago

But here, its obvious........

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