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 increase in operating profit of 1991-92 over 1990-91 is
Answer & explanation
Correct answer: option 2
Operating profit 1990-91 - 130,00,000
Operating profit 1991-92 - 160,00,000
Difference = 30,00,000
Increase in profit: \(\frac{30,00,000}{130,00,000}\) x 100
Increase in profit: 23.07% = 23%(round off)