Question

The graph shows the price of two vehicles A and B over a period of time Study the graph carefully and answer the questions given below.
Q. if the cost of production of Vehicle A in February is 1000 and the cost of production of Vehicle B in July is 500, what’s the difference in the profit percentage of Vehicle B in July to the profit percentage of Vehicle A in February.

• A. 67.5%
• B. 50%
• C. 75%
• D. 12.5%
• E. None of these

Answer 1

The correct option is A 67.5%

Profit percentage of Vehicle A in February $=\frac{1125-1000}{1000}\times 100=12.5\%$
Profit percentage of Vehicle B in July $=\frac{900-500}{500}\times 100=80\%$
Difference in profit percentage
= (80 -12.5) %
= 67.5%