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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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