New 55% Off on All Courses - Enroll Now! Click Here

    Question

    Read the following graph carefully and answer the following questions.

    In which year was the profit as percentage of income is

    the highest?
    A 2012 Correct Answer Incorrect Answer
    B 2014 Correct Answer Incorrect Answer
    C 2016 Correct Answer Incorrect Answer
    D 2015 Correct Answer Incorrect Answer
    E 2013 Correct Answer Incorrect Answer

    Solution

    Profit percentage of income in 2012 = [(5200-5000)/5200] × 100 = 3.846% Profit percentage of income in 2013 = [(6500-5500)/6500] × 100 = 15.38% Profit percentage of income in 2014 = ([7200-6000)/7200] × 100 = 16.67% Profit percentage of income in 2015 = [(8000-7500)/8000] × 100 = 6.25% Profit percentage of income in 2016 = [(9000-8700)/9000] × 100 = 3.33%

    Practice Next

    Relevant for Exams: