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CAT 2009 | Question: 24

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Note: Net profit= Gross profit - Tax. Gross profit = Sales - Expenses. The figures for sales is given at the bottom of the bar chart and the figures for net profit is given on top of the line chart.

If XPL sold $20,000$ units in both $1998$ and $1999,$ by what percentage has the price per unit changed?

  1. $8.7\%$
  2. $10.96\%$
  3. $9.86\%$
  4. Cannot be determined.

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