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.

![image.png](https://res.cloudinary.com/aptidude/image/upload/v1747981475/aptidude_questions/bn0gamrfgctnnumfdfxa.png)

What was the percentage increase in annual profit of the departmental store from 1997 to 2000?

Question

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.

![image.png](https://res.cloudinary.com/aptidude/image/upload/v1747981475/aptidude_questions/bn0gamrfgctnnumfdfxa.png)

What was the percentage increase in annual profit of the departmental store from 1997 to 2000?

Accepted Answer

Step 1: Calculate the total annual profit for 1997. 199 7 quarterly profits = 135 + 115 + 90 + 70 = 410 lakhs

Step 2: Calculate the total annual profit for 2000.  
2000 quarterly profits = 150 + 180 + 210 + 230 = 770 lakhs

Step 3: Calculate the increase in profit from 1997 to 2000.  Increase = 770 - 410 = 360 lakhs

Step 4: Calculate the percentage increase.  
Percentage increase = (Increase / 1997 profit) × 100 = (360 / 410) × 100  
= (360 × 100) / 410 = 36000 / 410 ≈ 87.80%

Step 5: The closest option to 87.80% is 87 (33/41) %.

Hence, the percentage increase in annual profit from 1997 to 2000 is approximately 87.80%, which corresponds to option 3.

Answer

Answer

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