The profit of store A increases from 20% to 24% while the profit of s
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06 Dec 2024, 10:13
We know that the profit of store A increases from $20%$ to $24%$ whereas the profit of store B decreases from $24%$ to $20%$; we need to compare the percentage increase in the profit of store A with the percentage decrease in the profit of store B.
Since the profit of store A increases from $20%$ to $24%$, the ratio of their original profit to the new profit is $20:24=5:6$, so the percentage increase in its profit is $6−55×100=15×100=20%$
Similarly the ratio of the original profit to the new profit of store B is $24:20=6:5$, so the percentage decrease in its profit is $5−66×100=−16×100=−16.66%$ i.e. a decrease of 16.66%.
Hence column A quantity is greater than column B , so the answer is $(A)$.