Multiple choice

The profits of a company rose 10% from April to May, then dropped 20% from May to June, and then rose 50% from June to July. What was the percentage increase from April to July?

  1. 15%

  2. 45%

  3. 32%

  4. 13%
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C Correct answer
Explanation

Let the initial profit be 100. After 10% rise, it is 110. After 20% drop, it is 110 * 0.8 = 88. After 50% rise, it is 88 * 1.5 = 132. The increase from 100 to 132 is 32%.

AI explanation

Let the profit in April be 100. The profit in May is 110 after a 10% increase. The profit in June is 88 after a 20% drop. The profit in July is 132 after a 50% increase. The percentage increase from April to July is 32 divided by 100, which is 32%.

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