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The table given below shows the income a...

The table given below shows the income and expenditure (in Rs.) of two companies A and B from 2012 to 2016.
Also, Profit = Income - Expenditure and Profit% = [{(Income - Expenditure) / Expenditure] `xx` 100

If the income and expenditure of a increases by the same rate in 2017 over 2016 as they did in 2016 over 2015, then what is its profit per cent (approximate) in 2017?

A

`15%`

B

`27%`

C

`20%`

D

`24%`

Text Solution

Verified by Experts

The correct Answer is:
C
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