Given the following data for a product over different years (in INR thousands): Year Selling Price (SP) Cost Price (CP) Overhead Expenditure 2016 780 ...

Banking RBI Grade B Prelims Medium Number System (including HCF LCM) MCQ

Question

Given the following data for a product over different years (in INR thousands):

Year	Selling Price (SP)	Cost Price (CP)	Overhead Expenditure
2016	780	160	520
2015	680	200	480
2014	800	460	680
2013	720	80	560
2012	640	100	340

Profit margin is calculated as:

\text{Profit} = \text{SP} - (\text{CP} + \text{Overhead Expenditure})

By what percentage is the profit earned by the company in the year 2012 more or less than the profit earned in 2014?

50% more

50% less

150% more

150% less

250% more

profitpercentagecomparisoncost priceselling price

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