Question

Match List - I with List - II. 

Choose the correct answer from the options given below: 
 

• A. (A)-(IV), (B)-(I), (C)-(II), (D)-(III)
• B. (A)-(II), (B)-(I), (C)-(IV), (D)-(III)
• C. (A)-(I), (B)-(IV), (C)-(II), (D)-(III)
• D. (A)-(III), (B)-(IV), (C)-(II), (D)-(I)

Hint:

For matching type questions, carefully understand the definitions or meanings of terms before matching. Focus on keywords like "excess," "expected," or "average" to find correct pairs.

Answer 1

The Correct Option is A

Instruction 1: Define each term in List - I and associate it with its correct definition from List - II.
(A) Number of years of purchase signifies the projected duration for which the company is anticipated to maintain consistent profitability, correlating with (IV).
(B) Super profit represents the surplus of average profit over normal profit, aligning with (I).
(C) Normal profit denotes the anticipated profit within the industry, matching with (II).
(D) Average profit is calculated as total profit divided by the number of years, corresponding to (III).

Instruction 2: Confirm the accuracy of option (a) based on these pairings.
Option (a) accurately matches all items from List - I with their respective definitions in List - II.