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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 percentage increase in profit of Pollaris Company from year 2010 to 2011?
  • a)
    42.86
  • b)
    75
  • c)
    175
  • 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...
Calculation:

Profit percentage of Pollaris in the year 2010 = 20%
Profit percentage of Pollaris in the year 2011 = 35%

Increase in profit percentage = (Profit percentage in 2011 - Profit percentage in 2010) / Profit percentage in 2010 x 100
= (35 - 20) / 20 x 100
= 15 / 20 x 100
= 75%

Therefore, the percentage increase in profit of Pollaris Company from the year 2010 to 2011 is 75%.

Explanation:

To calculate the percentage increase in profit of Pollaris Company from the year 2010 to 2011, we need to find the difference between the profit percentage in both years and express it as a percentage of the profit percentage in the year 2010.

In the year 2010, the profit percentage of Pollaris was 20%, and in the year 2011, it was 35%. Therefore, the increase in profit percentage is 35% - 20% = 15%.

To express this increase as a percentage of the profit percentage in 2010, we divide the increase by the profit percentage in 2010 and multiply by 100. This gives us (15 / 20) x 100 = 75%.

Hence, the percentage increase in profit of Pollaris Company from the year 2010 to 2011 is 75%.
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Community Answer
Two renowned international Sof tware companies , namely Pollaris and C...
C
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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 percentage increase in profit of Pollaris Company from year 2010 to 2011?a)42.86b)75c)175d)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 percentage increase in profit of Pollaris Company from year 2010 to 2011?a)42.86b)75c)175d)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 percentage increase in profit of Pollaris Company from year 2010 to 2011?a)42.86b)75c)175d)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 percentage increase in profit of Pollaris Company from year 2010 to 2011?a)42.86b)75c)175d)Cannot be determined.Correct answer is option 'B'. Can you explain this answer?.
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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 percentage increase in profit of Pollaris Company from year 2010 to 2011?a)42.86b)75c)175d)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 percentage increase in profit of Pollaris Company from year 2010 to 2011?a)42.86b)75c)175d)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 percentage increase in profit of Pollaris Company from year 2010 to 2011?a)42.86b)75c)175d)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 percentage increase in profit of Pollaris Company from year 2010 to 2011?a)42.86b)75c)175d)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 percentage increase in profit of Pollaris Company from year 2010 to 2011?a)42.86b)75c)175d)Cannot be determined.Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice CLAT tests.
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