Which company earned the maximum percentage profit in the...
The following bar graph shows the Income and Expenditures (in million US $) of five companies in the year 2001. The percent profit or loss of a company is given by
% Profit/Loss = (Income - Expenditure)/Expenditure x 100
Income and Expenditure (in million US $) of five companies in the year 2001.
Which company earned the maximum percentage profit in the year 2001?
M
N
P
Q
Correct answer is D
The percentage profit/loss in the year 2001 for various comapanies are:
For M = [ (35 - 45)/45 x 100 ] % = -22.22% i.e., Loss = 22.22%
For N = [ (50 - 40)/40 x 100 ] % = 25% i.e., Profit = 25%
For P = [ (40 - 45)/45 x 100 ] % = -11.11% i.e., Loss = 11.11%
For Q = [ (40 - 30)/30 x 100 ] % = 33.33% i.e., Profit = 33.33%
For R = [ (50 - 45)/45 x 100 ] % = 11.11% i.e., Profit = 11.11%
Clearly, the Company Q earned the maximum profit in 2001.
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