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A company had 40% profit in 2009. Its profit increased to 45% in 2010, 50% in 2011 and the profit went to 60% in 2012. Q: what is the increase in profit of the company in percentage from the year 2011 to the year 2012? Options: (A) 10% (B) 20% (C) 15% (D) Cannot be determined Correct answer: (B) Can someone explain how?
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A company had 40% profit in 2009. Its profit increased to 45% in 2010,...
Calculation of Increase in Profit from 2011 to 2012:

Step 1: Calculate the increase in profit from 2011 to 2012
- Profit in 2011 = 50%
- Profit in 2012 = 60%
- Increase in profit = Profit in 2012 - Profit in 2011 = 60% - 50% = 10%

Step 2: Calculate the percentage increase in profit from 2011 to 2012
- Percentage increase = (Increase in profit / Profit in 2011) x 100
- Percentage increase = (10 / 50) x 100 = 20%
Therefore, the increase in profit of the company from the year 2011 to 2012 is 20%. Hence, the correct answer is (B) 20%.
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A company had 40% profit in 2009. Its profit increased to 45% in 2010, 50% in 2011 and the profit went to 60% in 2012. Q: what is the increase in profit of the company in percentage from the year 2011 to the year 2012? Options: (A) 10% (B) 20% (C) 15% (D) Cannot be determined Correct answer: (B) Can someone explain how?
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A company had 40% profit in 2009. Its profit increased to 45% in 2010, 50% in 2011 and the profit went to 60% in 2012. Q: what is the increase in profit of the company in percentage from the year 2011 to the year 2012? Options: (A) 10% (B) 20% (C) 15% (D) Cannot be determined Correct answer: (B) Can someone explain how? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about A company had 40% profit in 2009. Its profit increased to 45% in 2010, 50% in 2011 and the profit went to 60% in 2012. Q: what is the increase in profit of the company in percentage from the year 2011 to the year 2012? Options: (A) 10% (B) 20% (C) 15% (D) Cannot be determined Correct answer: (B) Can someone explain how? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A company had 40% profit in 2009. Its profit increased to 45% in 2010, 50% in 2011 and the profit went to 60% in 2012. Q: what is the increase in profit of the company in percentage from the year 2011 to the year 2012? Options: (A) 10% (B) 20% (C) 15% (D) Cannot be determined Correct answer: (B) Can someone explain how?.
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