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The following table gives the annual profit of a company (in lakh rupees)…

Percentage increases: 2009-10: 30/590 = 5.08%; 2010-11: 36/620 = 5.81%; 2011-12: 34/656 = 5.18%; 2012-13: 36/690 = 5.22%. The rise of 36 lakh in 2012-13 equals that of…

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The following table gives the annual profit of a company (in lakh rupees) :
2008-092009-102010-112011-122012-13
590620656690726
The period which has maximum percent increase in profit over the previous year is :
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Answer and explanation

Correct answer B

Percentage increases: 2009-10: 30/590 = 5.08%; 2010-11: 36/620 = 5.81%; 2011-12: 34/656 = 5.18%; 2012-13: 36/690 = 5.22%.

The rise of 36 lakh in 2012-13 equals that of 2010-11, but it is on a larger base, so the percentage is smaller. The highest percentage rise is in 2010-11.

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