The figure below represents sales and net profit (in Rs. crore) of IVP Ltd., for five years from 2014-2015 to 2018-2019. During this period, the sales increased from Rs. 100 crore to Rs. 680 crore. Correspondingly, the net profit increased from Rs. 2.5 crore to Rs. 12 crore. (Net profit is defined as the excess of sales over total costs.)
The highest percentage growth in profit, relative to the previous year, was achieved in ______.
From the 1st statement: B2 is now as old as B3 was in the past. Hence B2 is younger to B3 or B2 < B3. Also sometime in the past B1 was twice as old as B4. So B1 is elder to B4 or B1 > B4. B3 will be as old as B5 in future, hence B3 < B5. The second statement suggests: B1 > B6. B1 was as old as B7 in the past. Hence B1 > B7. B4 will be as old as B6 in future. Hence B6 > B4. B6 will be as old as B7 now in future. Hence B7 > B6. B7 was as old as B2, when B1 was as old as B7. Hence B1 = B2. Combining both the results, we get: and B5 > B3 > B2 = B1 > B7 > B6 > B4 (Note by B1 = B2, it is meant that they are of similar age group, not necessarily the same).
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