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Based on the bar-graph provided in image_80f91d.png showing the sales and profit (both in ) of company Z across four years, what was the approximate percentage profit margin on revenue of company Z in 2016?

image

  1. A
  2. B
  3. C
  4. D

Solution & Step-by-step Explanation

From the given bar-graph, the data for company Z in the year 2016 is:
*
*

The formula for the percentage profit margin on revenue is:



Substituting the values:



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Try it yourself before checking the explanation above.

Based on the bar-graph provided in image_80f91d.png showing the sales and profit (both in ) of company Z across four years, what was the approximate percentage profit margin on revenue of company Z in 2016?

image
A
B
C
D

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