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Answer the questions based on the following information.
Question 48
Which year showed the greatest percentage increase in profit as compared to the previous year?
Solution
percentage increase in profit in year 1990 = 25%
in 1991 = 20%
in 1992 = 33.33%
in 1993 = 25%
in 1994 = 20%
in 1995 = 16.66%
So highest %increase is in year 1992.
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