The following bar chart provides information on the income and the expenditure of a company in five consecutive years from 2014 to 2018.
Find the difference between the profits made by the company in the years 2015 to 2017?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. 10 lakhs
Concept Used:
Profit = Income - Expenditure
Explanation:
Profit made by company in year 2015 = 60 - 30 = 30 lakhs
Profit made by company in year 2017 = 80 - 60 = 20 lakhs
Therefore, Required difference = 30 - 20 = 10 lakhs
Hence the difference between the profits made by the company in the years 2015 and 2017 is 10 lakhs.