Multiple Choice Questions on What is the average percentage profit earned by the company B ........ for UGC NET ( Common Paper ) Preparation

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Multiple Choice Questions

What is the average percentage profit earned by the company B ........

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    The following table shows the percentage profit (%) earned by two companies A and B during the years 2011 - 15. Answer questions 1 - 3 based on the data contained in the table:
    Profit earned by the companies
     
    Year               Percentage Profit (%)
                             A                B
    2011                20              30
    2012                35              40
    2013                45              35
    2014                40              50
    2015                25              35
    Where, percent (%) Profit = [(Income−Expenditure) / Expenditure] X100

    What is the average percentage profit earned by the company B?

    35%

    Incorrect Answer

    42%

    Incorrect Answer

    38%

    Correct Answer

    40%

    Incorrect Answer
    Explanation:

    38%

    By: santosh
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