Question
The retained profit in 1991-92, as compared to that in 1990-91 was
Answer: Option D
:
D
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D
Retained profit in 1900-91 = (25% of 130) = Rs 32.5 lakh
Retained profit in 1991-92 = (20% of 160) = Rs 32 lakh
=(32.5−32)32.5=1.5
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