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What was the profit of NHX group this ye...

What was the profit of NHX group this year?
I. Last year the profit of NHX was Rs. 692 cr.
II. There are three units of the NHX group.
III. The average profit of the units this year was Rs. 253.7cr.
IV. NHX has witnessed a 10% growth in profit over that last year.

A

Either I and IV, or II and III sufficient

B

Either I and III, or II and IV sufficient

C

All the four are needed

D

Only I and IV sufficient

Text Solution

Verified by Experts

The correct Answer is:
A

I give us last year.s profit. IV gives us the percentage I growth on it. The result is this year.s profit. Similarly III gives us the no. of units and III the average. Thus total = average `xx` no of units.
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