Instructions
Study the following graph carefully and answer the questions given below it.
Net Profit Percentage of the two Companies over the years?
Question 120
In which of the following years was the total income more than double the total expenditure in that year for Company B?
Solution
For income to be more than double the total expenditure, the profit % = $$\frac{2I - I}{I} \times 100$$ = $$100 \%$$
=> Profit % must be more than 100%
But, as clearly seen from the line graph, for company B, the profit percent is not more than 100% for any year
=> Ans - (E)
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