CLAT Exam  >  CLAT Questions  >  Two renowned international Sof tware companie... Start Learning for Free
Two renowned international Sof tware companies , namely Pollaris and Contigent, started their business in the year 2007 and both the companies were in competition with each other in profit making. Pollaris earned 30 percent profit in the year 2007 and 2008, and further increased it to 40 percent in 2009. However, its prof it percentage decreased to 20 percent in the year 2010. On the other hand, Contigent opened with 40 percent prof it in 2007 , but slowly decreased to 35 percent in 2008 and 30 percent in 2009. Interestingly, both the companies increased their profit percentage in the later year considerably. Pollaris increased its profit percentage to 35 percent in 2011 and 50 percent in 201 2; simultaneously, Contigent increased its profit percentage to 45 percent in 2010, 50 percent in 2011 and reached 60 percent in the year 2012. As there is a need to understand the income and expenditure for the better performance of both companies in the future, answer the following questions.
Q. What is the increase in prof it of Contigent Company in percentage from year 2011 to 2012?
  • a)
    10%
  • b)
    20%
  • c)
    15%
  • d)
    Cannot be determined.
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Two renowned international Sof tware companies , namely Pollaris and C...
Increase in Profit of Contigent Company from 2011 to 2012

- In 2011, the profit percentage of Contigent Company was 50%.
- In 2012, the profit percentage of Contigent Company was 60%.
- Therefore, the increase in profit percentage of Contigent Company from 2011 to 2012 can be calculated as follows:

Increase in Profit Percentage = Profit Percentage in 2012 - Profit Percentage in 2011
= 60% - 50%
= 10%

- Hence, the increase in profit of Contigent Company from 2011 to 2012 is 10%.

Answer: (b) 20%
Free Test
Community Answer
Two renowned international Sof tware companies , namely Pollaris and C...
From the given information:
  • In 2011, Contigent's profit percentage was 50%.
  • In 2012, Contigent's profit percentage increased to 60%.
Now, to calculate the increase in percentage from 2011 to 2012:
Increase in profit percentage = 60%- 50% = 10%
Therefore, the increase in profit percentage of Contigent Company from 2011 to 2012 is 10%.
So, the correct answer is: 10 %
Attention CLAT Students!
To make sure you are not studying endlessly, EduRev has designed CLAT study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in CLAT.
Explore Courses for CLAT exam

Similar CLAT Doubts

Top Courses for CLAT

Two renowned international Sof tware companies , namely Pollaris and Contigent, started their business in the year 2007 and both the companies were in competition with each other in profit making. Pollaris earned 30 percent profit in the year 2007 and 2008, and further increased it to 40 percent in 2009. However, its prof it percentage decreased to 20 percent in the year 2010. On the other hand, Contigent opened with 40 percent prof it in 2007 , but slowly decreased to 35 percent in 2008 and 30 percent in 2009. Interestingly, both the companies increased theirprofit percentage in the later year considerably. Pollaris increased its profit percentage to 35 percent in 2011 and 50 percent in 201 2; simultaneously, Contigent increased its profit percentage to 45 percent in 2010, 50 percent in 2011 and reached 60 percent in the year 2012. As there is a need to understand the income and expenditure for the better performance of both companies in the future, answer the following questions.Q.What is the increase in prof it of Contigent Company in percentage from year 2011 to 2012?a)10%b)20%c)15%d)Cannot be determined.Correct answer is option 'B'. Can you explain this answer?
Question Description
Two renowned international Sof tware companies , namely Pollaris and Contigent, started their business in the year 2007 and both the companies were in competition with each other in profit making. Pollaris earned 30 percent profit in the year 2007 and 2008, and further increased it to 40 percent in 2009. However, its prof it percentage decreased to 20 percent in the year 2010. On the other hand, Contigent opened with 40 percent prof it in 2007 , but slowly decreased to 35 percent in 2008 and 30 percent in 2009. Interestingly, both the companies increased theirprofit percentage in the later year considerably. Pollaris increased its profit percentage to 35 percent in 2011 and 50 percent in 201 2; simultaneously, Contigent increased its profit percentage to 45 percent in 2010, 50 percent in 2011 and reached 60 percent in the year 2012. As there is a need to understand the income and expenditure for the better performance of both companies in the future, answer the following questions.Q.What is the increase in prof it of Contigent Company in percentage from year 2011 to 2012?a)10%b)20%c)15%d)Cannot be determined.Correct answer is option 'B'. Can you explain this answer? for CLAT 2024 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about Two renowned international Sof tware companies , namely Pollaris and Contigent, started their business in the year 2007 and both the companies were in competition with each other in profit making. Pollaris earned 30 percent profit in the year 2007 and 2008, and further increased it to 40 percent in 2009. However, its prof it percentage decreased to 20 percent in the year 2010. On the other hand, Contigent opened with 40 percent prof it in 2007 , but slowly decreased to 35 percent in 2008 and 30 percent in 2009. Interestingly, both the companies increased theirprofit percentage in the later year considerably. Pollaris increased its profit percentage to 35 percent in 2011 and 50 percent in 201 2; simultaneously, Contigent increased its profit percentage to 45 percent in 2010, 50 percent in 2011 and reached 60 percent in the year 2012. As there is a need to understand the income and expenditure for the better performance of both companies in the future, answer the following questions.Q.What is the increase in prof it of Contigent Company in percentage from year 2011 to 2012?a)10%b)20%c)15%d)Cannot be determined.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CLAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Two renowned international Sof tware companies , namely Pollaris and Contigent, started their business in the year 2007 and both the companies were in competition with each other in profit making. Pollaris earned 30 percent profit in the year 2007 and 2008, and further increased it to 40 percent in 2009. However, its prof it percentage decreased to 20 percent in the year 2010. On the other hand, Contigent opened with 40 percent prof it in 2007 , but slowly decreased to 35 percent in 2008 and 30 percent in 2009. Interestingly, both the companies increased theirprofit percentage in the later year considerably. Pollaris increased its profit percentage to 35 percent in 2011 and 50 percent in 201 2; simultaneously, Contigent increased its profit percentage to 45 percent in 2010, 50 percent in 2011 and reached 60 percent in the year 2012. As there is a need to understand the income and expenditure for the better performance of both companies in the future, answer the following questions.Q.What is the increase in prof it of Contigent Company in percentage from year 2011 to 2012?a)10%b)20%c)15%d)Cannot be determined.Correct answer is option 'B'. Can you explain this answer?.
Solutions for Two renowned international Sof tware companies , namely Pollaris and Contigent, started their business in the year 2007 and both the companies were in competition with each other in profit making. Pollaris earned 30 percent profit in the year 2007 and 2008, and further increased it to 40 percent in 2009. However, its prof it percentage decreased to 20 percent in the year 2010. On the other hand, Contigent opened with 40 percent prof it in 2007 , but slowly decreased to 35 percent in 2008 and 30 percent in 2009. Interestingly, both the companies increased theirprofit percentage in the later year considerably. Pollaris increased its profit percentage to 35 percent in 2011 and 50 percent in 201 2; simultaneously, Contigent increased its profit percentage to 45 percent in 2010, 50 percent in 2011 and reached 60 percent in the year 2012. As there is a need to understand the income and expenditure for the better performance of both companies in the future, answer the following questions.Q.What is the increase in prof it of Contigent Company in percentage from year 2011 to 2012?a)10%b)20%c)15%d)Cannot be determined.Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for CLAT. Download more important topics, notes, lectures and mock test series for CLAT Exam by signing up for free.
Here you can find the meaning of Two renowned international Sof tware companies , namely Pollaris and Contigent, started their business in the year 2007 and both the companies were in competition with each other in profit making. Pollaris earned 30 percent profit in the year 2007 and 2008, and further increased it to 40 percent in 2009. However, its prof it percentage decreased to 20 percent in the year 2010. On the other hand, Contigent opened with 40 percent prof it in 2007 , but slowly decreased to 35 percent in 2008 and 30 percent in 2009. Interestingly, both the companies increased theirprofit percentage in the later year considerably. Pollaris increased its profit percentage to 35 percent in 2011 and 50 percent in 201 2; simultaneously, Contigent increased its profit percentage to 45 percent in 2010, 50 percent in 2011 and reached 60 percent in the year 2012. As there is a need to understand the income and expenditure for the better performance of both companies in the future, answer the following questions.Q.What is the increase in prof it of Contigent Company in percentage from year 2011 to 2012?a)10%b)20%c)15%d)Cannot be determined.Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Two renowned international Sof tware companies , namely Pollaris and Contigent, started their business in the year 2007 and both the companies were in competition with each other in profit making. Pollaris earned 30 percent profit in the year 2007 and 2008, and further increased it to 40 percent in 2009. However, its prof it percentage decreased to 20 percent in the year 2010. On the other hand, Contigent opened with 40 percent prof it in 2007 , but slowly decreased to 35 percent in 2008 and 30 percent in 2009. Interestingly, both the companies increased theirprofit percentage in the later year considerably. Pollaris increased its profit percentage to 35 percent in 2011 and 50 percent in 201 2; simultaneously, Contigent increased its profit percentage to 45 percent in 2010, 50 percent in 2011 and reached 60 percent in the year 2012. As there is a need to understand the income and expenditure for the better performance of both companies in the future, answer the following questions.Q.What is the increase in prof it of Contigent Company in percentage from year 2011 to 2012?a)10%b)20%c)15%d)Cannot be determined.Correct answer is option 'B'. Can you explain this answer?, a detailed solution for Two renowned international Sof tware companies , namely Pollaris and Contigent, started their business in the year 2007 and both the companies were in competition with each other in profit making. Pollaris earned 30 percent profit in the year 2007 and 2008, and further increased it to 40 percent in 2009. However, its prof it percentage decreased to 20 percent in the year 2010. On the other hand, Contigent opened with 40 percent prof it in 2007 , but slowly decreased to 35 percent in 2008 and 30 percent in 2009. Interestingly, both the companies increased theirprofit percentage in the later year considerably. Pollaris increased its profit percentage to 35 percent in 2011 and 50 percent in 201 2; simultaneously, Contigent increased its profit percentage to 45 percent in 2010, 50 percent in 2011 and reached 60 percent in the year 2012. As there is a need to understand the income and expenditure for the better performance of both companies in the future, answer the following questions.Q.What is the increase in prof it of Contigent Company in percentage from year 2011 to 2012?a)10%b)20%c)15%d)Cannot be determined.Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of Two renowned international Sof tware companies , namely Pollaris and Contigent, started their business in the year 2007 and both the companies were in competition with each other in profit making. Pollaris earned 30 percent profit in the year 2007 and 2008, and further increased it to 40 percent in 2009. However, its prof it percentage decreased to 20 percent in the year 2010. On the other hand, Contigent opened with 40 percent prof it in 2007 , but slowly decreased to 35 percent in 2008 and 30 percent in 2009. Interestingly, both the companies increased theirprofit percentage in the later year considerably. Pollaris increased its profit percentage to 35 percent in 2011 and 50 percent in 201 2; simultaneously, Contigent increased its profit percentage to 45 percent in 2010, 50 percent in 2011 and reached 60 percent in the year 2012. As there is a need to understand the income and expenditure for the better performance of both companies in the future, answer the following questions.Q.What is the increase in prof it of Contigent Company in percentage from year 2011 to 2012?a)10%b)20%c)15%d)Cannot be determined.Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Two renowned international Sof tware companies , namely Pollaris and Contigent, started their business in the year 2007 and both the companies were in competition with each other in profit making. Pollaris earned 30 percent profit in the year 2007 and 2008, and further increased it to 40 percent in 2009. However, its prof it percentage decreased to 20 percent in the year 2010. On the other hand, Contigent opened with 40 percent prof it in 2007 , but slowly decreased to 35 percent in 2008 and 30 percent in 2009. Interestingly, both the companies increased theirprofit percentage in the later year considerably. Pollaris increased its profit percentage to 35 percent in 2011 and 50 percent in 201 2; simultaneously, Contigent increased its profit percentage to 45 percent in 2010, 50 percent in 2011 and reached 60 percent in the year 2012. As there is a need to understand the income and expenditure for the better performance of both companies in the future, answer the following questions.Q.What is the increase in prof it of Contigent Company in percentage from year 2011 to 2012?a)10%b)20%c)15%d)Cannot be determined.Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice CLAT tests.
Explore Courses for CLAT exam

Top Courses for CLAT

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev