Question
Directions (1 - 5): Study the chart and answer the questions:
The retained profit in 1991-92, as compared to that in 1990-91 was:
The retained profit in 1991-92, as compared to that in 1990-91 was:
Answer: Option D
Retained profit in 1990-91
= 25% of 130
= Rs. 32.5 lakh
Retained profit in 1991-92
= 20% of 160
= Rs. 32 lakh
∴ Decrease
= $$\frac{32.5-32}{32.5}$$ × 100
= 1.53%
≈ 1.5%
Was this answer helpful ?
Retained profit in 1990-91
= 25% of 130
= Rs. 32.5 lakh
Retained profit in 1991-92
= 20% of 160
= Rs. 32 lakh
∴ Decrease
= $$\frac{32.5-32}{32.5}$$ × 100
= 1.53%
≈ 1.5%
Was this answer helpful ?
More Questions on This Topic :
Latest Videos
Latest Test Papers
Submit Solution