Profits in lakh rupees were 25, 40, 32 and 48 in four years. Percent fall from year 2 to year 3?
A15 percent
B18 percent
C25 percent
D20 percent
Answer & Solution
Correct answer: D. 20 percent
The fall is 40 - 32 = 8, and 8/40 = 20 percent.
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