Q11. Scatter Plot
MCQ · +3 / −1
Considering all three years, which company had the highest annual profit?
- A) A) Company B
- B) B) Company C
- C) C) Company A
- D) D) Company D
Correct Answer
B) B) Company C
Step-by-step solution
📌 Core Concept
Profit is revenue minus costs, read as the horizontal minus the vertical coordinate of each point in the first plot. The task is to find the largest value over all 12 company-year points.
🔢 Step-by-Step Solution
1
2019 (revenue, cost): A (90, 85) gives 5; B (100, 75) gives 25; C (25, 20) gives 5; D (50, 40) gives 10.
2
2020: A (90, 65) gives 25; B (90, 40) gives 50; C (70, 60) gives 10; D (20, 50) gives .
3
2021: A (60, 30) gives 30; B (30, 30) gives 0; C (100, 30) gives 70; D (70, 70) gives 0.
4
The largest annual profit is Rs. 70 crores, earned by Company C in 2021. The next best is B's 50 crores in 2020.
Why Not the Others
Company B: its best year is 2020 with 50, below 70.
Company A: its best year is 2021 with 30.
Company D: its best year is 2019 with 10, and it makes a loss or zero in the other two years.
Quick Check
C (2021) has the highest revenue on the plot (100) and a low cost (30), so it gives the widest gap.
Correct Answer: B