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The profit earned by the company in 2016 is what percentage more than profit earned by the company in 2015?
50%
150%
200%
100%
None of the above
100%
Calculate individual profits first (2015: 10, 2016: 20). Since 20 is exactly double 10, the difference (10) is 100% of the original base (10).
For 2015: Income = 45 crore, Expenditure = 35 crore. For 2016: Income = 60 crore, Expenditure = 40 crore.
Profit=IncomeтИТExpenditure, Percentage┬аIncrease=Value1тАЛValue2тАЛтИТValue1тАЛтАЛ├Ч100%
Calculate individual profits first (2015: 10, 2016: 20). Since 20 is exactly double 10, the difference (10) is 100% of the original base (10).
Confusing the base year. Many students calculate 2015 relative to 2016 instead of 2016 relative to 2015, or divide by the wrong base (Income or Expenditure instead of Profit).
Calculate Profit for 2015
Profit in 2015 is the difference between Income and Expenditure: 45тИТ35=10.
Profit2015тАЛ=45тИТ35=10
Calculate Profit for 2016
Profit in 2016 is the difference between Income and Expenditure: 60тИТ40=20.
Profit2016тАЛ=60тИТ40=20
Calculate Percentage Increase
The percentage increase from 2015 to 2016 is calculated as 1020тИТ10тАЛ├Ч100%.
1020тИТ10тАЛ├Ч100%=1010тАЛ├Ч100%=100%
D is correct because the profit in 2015 was 10 crore and in 2016 was 20 crore, which represents a 100% increase over the 2015 base.
This type of percentage increase calculation is frequently used in ratio analysis and financial arithmetic within competitive exams.
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