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ibps-so 2018 · Question 203 of 356

For the second of the two companies the books disclose the income of the best of its ve years but not the expenditure of that year, and the absolute pro t earned has therefore to be arrived at from the rate alone. If the income of Company Q in the year 2016 was ₹96 lakh, what was the pro t earned by Company Q in that year?

  1. A₹32 lakh
  2. B₹36 lakhCorrect
  3. C₹38.4 lakh
  4. D₹40 lakh
  5. E₹33.6 lakh

Answer: B. ₹36 lakh

Official answer key verified. Detailed explanation coming soon.

Source: IBPS SO Prelims Memory Based 2018 (held 29 Dec 2018, Shift 1) - Prepp · memory-based

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