Which company’s growth rate in profit is the highest during the period 2016-2020?
A
B
C
D
Answer is Wrong!
Answer is Right!
This question was previously asked in
UPSC CBI DSP LDCE – 2023
Growth Rate (2016-2020) = ((Profit in 2020 – Profit in 2016) / Profit in 2016) * 100%
Company A: ((34 – 7) / 7) * 100% = (27 / 7) * 100% ≈ 385.71%
Company B: ((7 – 1.5) / 1.5) * 100% = (5.5 / 1.5) * 100% ≈ 366.67%
Company C: ((12 – 4) / 4) * 100% = (8 / 4) * 100% = 200%
Company D: ((25 – 20) / 20) * 100% = (5 / 20) * 100% = 25%