Question
Calculate the percentage increase in the total profit of
all companies combined from 2020 to 2023. Table: Annual Profit (in ₹ lakh) of Five Companies Over Four YearsSolution
Total profit in 2020 = 45 + 62 + 50 + 55 + 48 = 260 lakh. Total profit in 2023 = 72 + 80 + 78 + 90 + 73 = 393 lakh. Percentage increase = [(393 - 260) / 260] * 100 = (133 / 260) * 100 = 51.15%, approximately 51%. Correct Answer: b) 51%
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