Instructions

Study the graph carefully to answer the question that follow
Per cent rise in profit of two companies over the years

Question 116

If the profit earned by company L in the year 2005 was Rs 1.84 lakhs what was the profit earned by the company in the year 2006 ?

Solution

Percent rise in profit for 2006 = 25%

Profit in 2005 = 1.84 lakhs

So, profit in 2006 = 1.84 * 1.25 = 2.3 lakhs

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