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01. 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. 2.324 lakh
C. 2.04 lakh D. Cant be determined
E. None of these

Answer and Explanation

Answer: None of these

Explanation:
Profit earned by company L in the year 2005 = Rs. 1.84 lakh
=> Profit earned by company L in the year 2006
=> 115% of 1.84
=> Rs. 2.116 lakh

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02. Which of the following is true with respective of the graph?
A. Company M made the highest profit in the year 2009 B. Company L made lest profit in the year 2005.
C. The respective ratio between the profits earned by company L and M in the year 2006 was 6:5  D. Company L made the highest profit in the year 2008
E. All the above

Answer and Explanation

Answer: Company M made the highest profit in the year 2009

Explanation:
Since, the given graph shows the percentage rise in profit, so company M would made the highest profit in the year 2009.

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03. What is the percentage increase in percentage rise in profit of company M in the year 2009 from the previous year?
A. 25% B. 15%
C. 50% D. None of these

Answer and Explanation

Answer: 25%

Explanation:
Percentage rise in profit of company M in 2008 = 25%
=> And in 2009 = 30%
=> Therefore, required percentage rise = 30-25 / 25 x 100%
=> 20%

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04. If the profit earned by company M in the year 2008 was Rs. 3.63 lakh, what was the amount of profit earned by the company L in the year 2008?
A. Rs. 2.16 lakh B. Rs. 1.98 lakh
C. Rs. 2.42 lakh D. Cant be determined
E. None of these.

Answer and Explanation

Answer: Cant be determined

Explanation:
From the value of the profit earned by company M, we can’t 

=> Determine the value of the profit earned by company L

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05. What is the average percentage rise in profit of company L over all the years together?
A. 15*1/3% B. 25*1/3
C. 18*5/6 D. 21* 2/3
E. None of these

Answer and Explanation

Answer: 21* 2/3

Explanation:
Average percentage rise in the profit of company L overall the years together
=> Total percentage rise in the profit of the company
=> ---------------------------------------------------------------
=>                              Number of years
=> (25% + 10% + 15% + 25% + 20% + 35%) / 6
=> 21 * 2/3 %

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