Comprehension:
The profits (in Rs lakhs) of a certain company over the years are as follows:
2011: 20
2012: 40
2013: 30
2014: 65
2015: 50
2016: 30
The profits in 2012 were greater than that in 2016 by ________
- A16.70%
- B5%
- C50%
- D33.30%
Solution & Step-by-step Explanation
From the given line graph data:
Profit in 2012=40
Profit in 2016=30
We need to calculate by what percentage the profit in 2012 is greater than that in 2016:
Percentage Greater=
Profit in 2016
Profit in 2012−Profit in 2016
×100
=
30
40−30
×100=
30
10
×100=
3
100
≈33.33%
Profit in 2012=40
Profit in 2016=30
We need to calculate by what percentage the profit in 2012 is greater than that in 2016:
Percentage Greater=
Profit in 2016
Profit in 2012−Profit in 2016
×100
=
30
40−30
×100=
30
10
×100=
3
100
≈33.33%