Question

Study the graph carefully to answer the questions:
Percent rise in profit of two companies over the years

If the profit earned by Company L in the year 2005 was Rs 1.84 lakh, what was the profit earned by the company in the year 2006?

• A. Rs 2.12 lakh
• B. Rs 2.3 lakh
• C. Rs 2.04 lakh
• D. Cannot be determined
• E. None of these

Answer 1

The correct option is B Rs 2.3 lakh

Profit earned by M in the year 2006
$=1.84\times \frac{125}{100}=1.84\times \frac{5}{4}=Rs2.3lakhs$