The following 2 bar charts represent revenues and expenses (in thousands) of A Ltd, B Ltd, and C Ltd over a period of five years.
Revenues of A Ltd, B Ltd, C Ltd for the period 2011-2015
For which of the following years the percentage of rise/fall in profit from the previous year was the maximum for A Ltd?
Percentage rise or fall in profit of A for a given year from previous year = |((Profit of A for the given year - profit of A for the previous year)/(profit of A for the previous year))|*100
Profit of A for year 2011 = Revenue of A in 2011 - expense of A in 2011 = 120-105 (in thousands)
Profit of A for year 2012 = 165-185 = -20 (in thousands)
Profit of A for year 2013 = 135-100 = 35 (in thousands)
Profit of A for year 2014 = 180-120 = 60 (in thousands)
Profit of A for year 2015 = 150-110 = 40 (in thousands)
Percentage rise or fall in profit of A for year 2012 = |((profit of A for year 2012 - profit of A for year 2011)/(profit of A for year 2011))|*100
= |((-20-15)/15)|*100 = 233.33
Similarly,
for year 2013, Percentage rise or fall in profit of A = |((35- (-20) )/-20)|*100 = 275
for year 2014, Percentage rise or fall in profit of A = |((60-35)/35)|*100 = 71.43
for year 2015, Percentage rise or fall in profit of A = |((40-60)/60)|*100 = 33.33
Here, rise in profit of A for the year 2013 is highest.
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