Q

# Directions :

Directions : These question is based on the line graph given below which represents the Earnings Per Share (EPS) of three companies STC, TSC and MIE for the years 1991-1992 to 1995-1996.

If TSC has 15, 000 shares in 1994-1995 and 31, 000 shares in 1995-1996, then find the approximate percentage change in profit available for shareholders from 1994-1995 to 1995-1996.

• Option 1)

35%

• Option 2)

59.6%

• Option 3)

44.1%

• Option 4)

%

• Option 5)

61%

Views

Profit available for share holder TSC in 1994 – 1995 = 15000 x 33 = 495000

Profit available for share holder TSC in 1995 – 1996 = 31000 x 23 = 713000

Percentage change = $\dpi{100} \frac{(713000-495000)}{495000}\times 100=44.0444.1\, ^{0}\! /_{0}$

44.04 %

So approximate 44.01

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