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Observe the given bar graph and answer the question.The bar graph shows the profit made by a certain textile company (in million $).Which of the follo
Question

Observe the given bar graph and answer the question.

The bar graph shows the profit made by a certain textile company (in million $).

Which of the following is NOT true about the company's profits from 2012-13 to 2017-18?

A.

The company has recorded profits greater than or equal to 30 Million $ for four out of five years.

B.

Total Profit of the company for the period is 160 Million $

C.

The company has recorded the same increase in profits in $ terms for the past two years.

D.

The company has recorded drop in profits for only one of the five years.

Correct option is B

Given:

The profit given by the textile company in different years (in million $) is as follows:

2012-13: 30 million $

2013-14: 36 million $

2014-15: 28 million $

2016-17: 32 million $

2017-18: 36 million $

Solution:

1. The company has recorded a drop in profits for only one of the five years (statement is true because year 2013-2014 → 2014-2015 profit drop).

2. The company has recorded the same increase in profits in $ terms for the past two years (statement is true because year 2012-2013 → 2013-2014 & 2016-2017 → 2017-2018 same increase in profit).

3. Total Profit of the company for the period is 160 million $ (statement is incorrect because Total Profit of the company for the period = 30 + 36 + 28 + 32 + 36 = 162 million $).

4. The company has recorded profits greater than or equal to 30 million $ for out of five years (statement is true because year 2012-2013, 2013-2014, 2016-2017, 2017-2018 profit greater than 30 million $).

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