The operating profit in 1991-92 increased over that in 1990-91 by Options: A . &nbsp 23% B . &nbsp 22% C . &nbsp 25% D . &nbsp 24%

The operating profit in 1991-92 increased over that in 1990-91 by

Question

The operating profit in 1991-92 increased over that in 1990-91 by

Options:

A . 23%

B . 22%

C . 25%

D . 24%

Answer: Option A
:
A

Required percentage increase in operating profit =

$\frac{160 - 130}{130} \times 100 = 23$

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