Instructions

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

Question 120

What is the percentage increase in per cent rise in profit of Company M in the year 2009 from the previous year ?

Solution

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The percentage rise in profit in 2009 was 35%.

So, it increased by 15% from the previous year (it was 20% in 2008).

So, the percentage increase = $$ \frac{15}{20}*100 $$ = 75%

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