Paper 1 · Data Interpretation
UGC NET June 2024 Re-Exam (22.08.2024) Shift-II
Passage
The table gives the profits (in rupees lakh) earned by five retail stores A to E during the years 2018 to 2023. Note that Profit equals Income minus Investment, and profit percent means profit as a percentage of investment. The specific profit figures needed are stated within each question below. Based on the data, answer the questions that follow.
The percentage change in profit is 50% for store A, 66.67% for store B, 40% for store D and about 33.33% (a decrease) for store E over the year-pairs considered. Which store has the maximum percentage change in profit?
AA
BB ✓ Correct
CD
DE
Correct answer: (B) B — Store B has the maximum percentage change, so that is the answer.
Explanation
★Store B has the maximum percentage change, so that is the answer.
★Store A shows a 50 percent change.
★Store B shows a 66.67 percent change.
★Store D shows a 40 percent change and store E about 33.33 percent.
★Comparing these, 66.67 percent is the largest.
★So store B has the maximum percentage change in profit.
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