Question

Calculate the percentage of profits earned approximately by Company A in 2015-16 and Company B is 2016-17.

• A. 40% - Company A
  20% - Company B
• B. 35% - Company A
  46% - Company B
• C. 42% - Company A
  46% - Company B
• D. 42% - Company A
  48% - Company B

Answer 1

The correct option is C 42% - Company A

46% - Company B
For company A ,
% of profits earned in 2015 - 16
$=\frac{250}{600}\times 100$
= 42%

For company B,
% of profits earned in 2015 - 16
$=\frac{300}{650}\times 100$
= 46%.