How to solve Iift 2021 - 5th Dec Question 65?

This question can be solved by applying the core concept explained in the solution above, followed by step-by-step calculation and elimination of options.

Which concept is tested in this question?

This question tests fundamental concepts commonly asked in IIFT exams.

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Iift 2021 - 5th Dec Question 65

This is a detailed step-by-step solution for Iift 2021 - 5th Dec Question 65. Understand the concept, common mistakes, and expert tips to solve similar questions in IIFT exam.

IIFT 2021 (5th Dec)

Option A: Profits for 2007 = 1120 - 360 = 760
Option B: Profits for 2009 = 1420 - 310 = 1110
Option C: Profits for 2012 = 1220 - 560 = 660
Option D: Profits for 2004 = 920 - 460 = 460
Thus, the maximum profit is in the year 2009.
Hence, the answer is option B.

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