Comprehension
Two renowned international Software 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 per cent profit in the year 2007 and 2008, and further increased it to 40 per cent in 2009. However, its profit percentage decreased to 20 per cent in the year 2010. On the other hand, Contigent opened with 40 per cent profit in 2007, but slowly decreased to 35 per cent in 2008 and 30 per cent in 2009. Interestingly, both the companies increased their profit percentage in the later year considerably. Pollaris increased its profit percentage to 35 per cent in 2011 and 50 per cent in 2012; simultaneously, Contigent increased its profit percentage to 45 per cent in 2010, 50 per cent in 2011 and reached 60 per cent 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.
Question: 1
What is the increase in profit of Contigent Company in percentage from year 2011 to 2012?
What is the increase in profit of Contigent Company in percentage from year 2011 to 2012?
Updated On: Jul 9, 2024
- 10%
- 20%
- 15%
- Cannot be determined.
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The Correct Option is B
Solution and Explanation
The correct Answer is (B): 20%.
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Question: 2
What percentage of the total profit making of Pollaris Company in 2011 and 2012 is the total profit making of Contigent Company in 2007 and 2008?
What percentage of the total profit making of Pollaris Company in 2011 and 2012 is the total profit making of Contigent Company in 2007 and 2008?
Updated On: Jul 9, 2024
- 113.3%
- 95.3%
- 90.3%
- 133.3%
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The Correct Option is A
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The correct Answer is (A): 113.3%.
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Question: 3
If the income of Contigent Company in 2008 was ₹ 200 crores, what was its profit in 2009?
If the income of Contigent Company in 2008 was ₹ 200 crores, what was its profit in 2009?
Updated On: Jul 9, 2024
- ₹ 21.5 Crore
- ₹ 46.15 Crore
- ₹ 153 Crore
- Cannot be determined.
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The Correct Option is D
Solution and Explanation
The correct Answer is (D): Cannot be determined.
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Question: 4
What is the difference between the company with highest annual average profit percentage and that of the company with lowest annual average profit percentage?
What is the difference between the company with highest annual average profit percentage and that of the company with lowest annual average profit percentage?
Updated On: Jul 9, 2024
- 5.17
- 8.33
- 9.17
- 4.33
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The Correct Option is C
Solution and Explanation
The correct Answer is (C): 9.17
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Question: 5
What is the percentage increase in profit of Pollaris Company from year 2010 to 2011?
What is the percentage increase in profit of Pollaris Company from year 2010 to 2011?
Updated On: Jul 9, 2024
- 42.86
- 75
- 175
- Cannot be determined.
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The Correct Option is B
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The correct Answer is (B): 75
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