Read the sentence below to find out whether there is any grammatical error in it. The error, if any, will be in one part of the sentence. Choose the option with that part as your answer. If there is no error, choose 'D' as your answer. (Ignore the errors of punctuation, if any).

Regretfully, profits earned by your company fell by 20 per cent last year despite higher sales.

A.

Regretfully, profits earned by your company

B.

fell by 20 per cent last year

C.

despite higher sales.

D.

No error.

Correct answer is A

Regrettably, profits earned by your company