Study the Pie charts given below which shows the operating profit of a business for two years. On the basis of these pie charts answer the following questions.
The retained profit of 1991-92, as compared to 1990-91 was
Answer & explanation
Correct answer: option 4
Retained profit of 1991-92 = 20% of 160,00,000 = 32,00,000
Retained profit of 1990 -91 = 25% of 130,00,000 = 32,50,000
Difference = 50,000
\(\frac{50,000 }{32,50,000}\) x 100 = 1.5 %
Thus, we can say that retained profit of year 1991-92 is 1.5% lesser that 1990-91