During which year the ratio of percentage profit earned to that in the – InterviewSolution

InterviewSolution

1.	During which year the ratio of percentage profit earned to that in the previous year is the minimum?
Answer» The ratio percentage profit earned to that in the previous year, for different years are: For 1996 = 55 = 1.38; 40 For 1997 = 45 = 0.82; 55 For 1998 = 65 = 1.44; 45 For 1999 = 70 = 1.08; 65 For 2000 = 60 = 0.86; 70 Clearly, this ratio is minimum for 1997.

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