Study the given bar graph and answer the question that follows.
The following bar graph shows the quarterly profit (in lakhs) of a departmental store from 1997 to 2000.
What was the percentage increase in annual profit of the departmental store from 1997 to 2000?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. %.
Annual profit (in lakhs) in 1997 = 135 + 115 + 90 + 70 = 410
Annual profit (in lakhs) in 2000 = 150 + 180 + 210 + 230 = 770
Increase in profit (in lakhs) from 1997 to 2000 = 770 - 410 = 360
Required percentage = (360/410) × 100 =
Therefore, the percentage increase in annual profit of the departmental store from 1997 to 2000 is .