The following graph given the annual profit earned by a company during the period 1996-2001 Study the graph carefully and answer the questions that follow. %\(profit=\frac{Income - Expenditure}{Expenditure}\times 100\) The period in which the profit of the company has increased fasted is:
The following graph given the annual profit earned by a company during the period 1996-2001 Study the graph carefully and answer the questions that follow. %\(profit=\frac{Income - Expenditure}{Expenditure}\times 100\) The period in which the profit of the company has increased fasted is: Correct Answer 1998-1999
Calculation:
Profit of company in 1996 = 45 lakh
Profit of company in 1997 = 55 lakh
Profit of company in 1998 = 50 lakh
Profit of company in 1999 = 65 lakh
Profit of company in 2000 = 75 lakh
Profit of company in 2001 = 65 lakh
Profit percentage of company in 1997 increased by = × 100 = 22.23%
Profit percentage of company in 1998 decreased by = × 100 = -9.09%
Profit percentage of company in 1999 increased by = × 100 = 30%
Profit percentage of company in 2000 increased by = × 100 = 15.39%
Profit percentage of company in 2001 decreased by = × 100 = -13.34%
∴ In 1998-1999 the company increased fastest.