General Studies · Statements and Inferences

Company revenue rose 12% but profit rose only 2%. Which inference is valid?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Tax rates dropped
2Product prices rose
3Sales volume reduced
4Costs increased✓

Correct answer

Costs increased

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Company revenue rose 12% but profit rose only 2%. Which inference is valid?

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