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1. Study the chart and answer the questions:

The operating Profit in 1991-92 increased over in 1990-91 by

A. 23%

B. 22%

C. 25%

D. 24%

Solution:

Required % increase
=

\frac{(160 - 130) \times 100}{130}

= 23.07%
≈ 23%

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