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Multiple Choice Questions

In 2020 the relative profit jump of which company was maximum over the previous year ........

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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
2016	Profit	20.5	8.5	7.5	4
2017	Earning	120	94	77	58
2017	Profit	22.4	9.5	8.8	5.5
2018	Earning	115	92	82	75
2018	Profit	23.1	7.5	10.5	10.1
2019	Earning	125	90	85	80
2019	Profit	20.7	5.5	12	12.5
2020	Earning	130	96	89	95
2020	Profit	25.8	9.5	14	20.5

In 2020, the relative profit jump of which company was maximum over the previous year?

This questions was previously asked in

EPFO APFC 2023

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X

Y

Z

W

Explanation:

To determine which company had the maximum relative profit jump from 2019 to 2020, we calculate the percentage increase in profit for each company:

1. Company X:

- 2019 Profit = 20.7

- 2020 Profit = 25.8

- Percentage Increase = approx 24.64%

2. Company Y:

- 2019 Profit = 5.5

- 2020 Profit = 9.5

- Percentage Increase = approx 72.73%

3. Company Z:

- 2019 Profit = 12

- 2020 Profit = 14

- Percentage Increase = approx 16.67%

4. Company W:

- 2019 Profit = 12.5

- 2020 Profit = 20.5

- Percentage Increase = 64%

The maximum relative profit increase over the previous year was for Company Y with approximately 72.73%.

Answer: Option 2 - Y

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