Profit aur increment in revenue do alag alag chije hain...
Suppose organisation ka loss pahle Rs. 10/- per passenger tha, aur us samay revenue per passenger 6/- tha.
Agar revenue badh jaata hai...
more... 6 ka 7/- which means 16% incremental revenue, but it does not mean that profit badh gaya, iska ye matlab hua ki loss kam huye...
please wait...Translate to EnglishProfit and increase in revenue are two different things...
Let's say the organization was making a loss of Rs. 10/- per passenger, and at that time the revenue per passenger was 6/-.
If the revenue increases to 7/-, which means a 16% incremental revenue, it does not mean that the profit has increased, it means that the loss has decreased...