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The table below gives the steel production in India by the top 4 steel producers along with the total production figures.

Q. If there is a sudden surge in the demand for steel such that all the produced steel is sold, which of the following producers would make the most profit in rupee terms?
  • a)
    Ispat International
  • b)
    Mittal Steel
  • c)
    Chennai Steel
  • d)
    Tata Steel
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Study the following information carefully and answer the questions giv...
Clearly, Tata Steel produces much more than the other three and would always make more profit in rupee terms than the other three. Hence, option D.
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Study the following information carefully and answer the questions given below:The table below gives the steel production in India by the top 4 steel producers along with the total production figures.Q.If there is a sudden surge in the demand for steel such that all the produced steel is sold, which of the following producers would make the most profit in rupee terms?a)Ispat Internationalb)Mittal Steelc)Chennai Steeld)Tata SteelCorrect answer is option 'D'. Can you explain this answer?
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