Direction: Study the following graph to answer the given questions.
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For Company Y, in which year is the percent of increase in percent profit over that of previous year the highest?
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- 2002–03
- 1999–2000
- 2001–02
- Cannot be determined
- None of these
Correct Option: C
Percent of increase in percent profit over that of the previous year for the given years is as follows :
Year
| 1998 - 99 : | x 100 = 33.33% | 15 |
| 1999 - 00 : | x 100 = 50% | 20 |
2000 - 01 : = 0 %
| 2001 - 02 : | x 100 = 66 2/3 % | 30 |
| 2002 - 03 : | x 100 = 20% | 50 |
You do not need to do any rough work. See the graph and search for steep rise in the line joining the two ∆’s.
