Please enter the following details
Study the following graph to answer these questions.
The following bar graph shows the revenue generated by three realty firms A, B and C during 2012 to 2016. Each of these firms builds Low Income Group (LIG) apartments, Middle Income Group (MIG) apartments and High Income Group (HIG) apartments.
In the year 2014 the firms B, A and C invested ₹2011 crore, ₹1600 crore and ₹2300 crore respectively. The difference between maximum and minimum profit per cent in 2014 is ...........
The revenues of Firms A, B and C in 2014 is 3470, 3587 and 3765 crores respectively.
Given Firms A, B and C invested 1600, 2011 and 2300 crores respectively.
So, the profit percentages of the firms are
Firm A - $$\dfrac{3470-1600}{3470}\times100=\dfrac{1870}{3470}=53.9\%$$
Firm B - $$\dfrac{3587-2011}{3587}\times100=\dfrac{1576}{3587}=43.9\%$$
Firm C - $$\dfrac{3765-2300}{3765}\times100=\dfrac{1465}{3765}=38.9\%$$
Hence, the difference between maximum and minimum profit per cent in 2014 is 53.9-38.9 = 15.0%
Hence, the answer is Option C.
