Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Quantitative Reasoning

Topic

Data Interpretation & Stats

Question:

The following graph given the annual percent profit earned by a company during the period 1996-2001.

Study the graph carefully and answer the question that follow.

%$Profit=\frac{Income \, - \, Expenditure}{Expenditure}×100$

The period in which the profit of the company has increased fasted is :

Options:

1998 - 1999

1997 - 1998

2000 - 2001

1996 - 1997

Correct Answer:

1998 - 1999

Explanation:

Lets solve one by one for each option.

1. 1998 - 1999

Increase in profit = \(\frac{65-50 }{50}\) × 100 = 30%

2. 1997 - 1998

There is decrease in profit .

3. 2000 - 2001

There is decrease in profit .

4. 1996 - 1997

Increase in profit = \(\frac{55-45 }{45}\) × 100 = 22.22%

So , Percentage increase in profit is maximum in 1998 - 1999