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Directions : The next three items are based on the following table which shows the earnings and profits (in rupees thousand crore) of four companies during 2016-2020 :
Company
Year
X
Y
Z
W
2016
Earning
100
95
74
50
Profit
20.5
8.5
7.5
4
2017
120
94
77
58
22.4
9.5
8.8
5.5
2018
115
92
82
75
23.1
10.5
10.1
2019
125
90
85
80
20.7
12
12.5
2020
130
96
89
25.8
14
In 2017, the absolute profit jump of which company was minimum over the previous year?
Let's check the absolute profit jumps from 2016 to 2017 for each company:
- Company X: 22.4 – 20.5 = 1.9
- Company Y: 9.5 – 8.5 = 1.0
- Company Z: 8.8 – 7.5 = 1.3
- Company W: 5.5 – 4 = 1.5
Explanation of options:
- Option 1, X: Profit jump is 1.9, more than other companies.
- Option 2, Y: Profit jump is 1.0, the smallest among all.
- Option 3, Z: Profit jump is 1.3
- Option 4, W: Profit jump is 1.5
Correct answer is Option 2 (Y)
- Company Y had the smallest profit jump (1.0).
- X, Z, and W all had larger increases.
- So, Y had the minimum absolute profit jump in 2017 over the previous year.
By: Babita ProfileResourcesReport error
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