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Quantitative Aptitude

Mixture & Alligations

What was the ...

Question

What was the approximate percentage increase in the profit earned by company A from 2006 to 2007?

A

36

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B

24

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C

40

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D

20

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E

54

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Solution

The correct option is A 36
Profit earned by company A in the year 2006 = 275 crore
Profit earned by company A in the year 2007 = 375 crore
$∴$ Required percentage increase,
$= \frac{375 - 275}{275} \times 100 \approx 36 %$

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