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    The earnings of the company in 1996-97 were approximately what percent of the average earning over the period under review?
    Question

    The bar graph given below shows the earning of a company (in million) from 1991 to 1999. Read it and answer the following questions correctly.


    The earnings of the company in 1996-97 were approximately what percent of the average earning over the period under review?

    A.

    90%

    B.

    110%

    C.

    115%

    D.

    124%

    Correct option is D

    Solution:

    Given:

    - Earnings in 1996-97 = 4320

    - Average Earnings = 3480

    To calculate the percentage, we use the formula:

    Percentage = (Earnings in 1996-97 / Average Earnings) × 100

    Substitute the values:

    Percentage = (4320 / 3480) × 100

    Perform the calculation:

    Percentage = 1.241 × 100 = 124.1%

    Final Answer:

    The earnings in 1996-97 were approximately 124.1% of the average earnings.

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