Question of The Day10-08-2020

The following line chart given below shows the profit (in crores) of a company in different years. Observe the chart and answer the question based on it.

Which year is best in terms of increase in profit percentage with respect to its previous year?

Correct Answer : c ) 2002 – 03

Explanation :

Percentage increase will not occur for the year 2003 – 04.

Thus,

Percentage increase for the year 2001 – 02

$$= \dfrac{70-50 } {50}×100=40$$%

Percentage increase for the year 2002 – 03

$$= \dfrac{100-70 } {70}×100=57\dfrac{1}{7}$$%

Percentage increase for the year 2004 – 05

$$= \dfrac{90-80 } {80}×100=12\dfrac{1}{2}$$%

Percentage increase for the year 2005 – 06

$$= \dfrac{140-90 } {90}×100=55\dfrac{5}{9}$$%

Thus, maximum increase in profit occurred in the year 2002 – 03

Hence, (c) is the correct answer.

Question related to Data Interpretation are asked in various government exams like SSC CGL, SSC MTS, SSC CPO, SSC CHSL, RRB JE, RRB NTPC, RRB GROUP D, RRB OFFICER SCALE-I, IBPS PO, IBPS SO, RRB Office Assistant, IBPS Clerk, RBI Assistant, IBPS RRB OFFICER SCALE 2&3, UPSC CDS, UPSC NDA, UP SI etc.

Read Daily Current Affairs, Banking Awareness, Hindi Current Affairs, Word of the Day, and attempt free mock tests at PendulumEdu and boost your preparation for the actual exam.

Read Study Material related to different government exams by PendulumEdu – General Awareness Study Material, English Study Material, Quantitative Aptitude Study Material.

0