In 1998 the profits of company N were 10 percent of revenues. In 1999, the revenues of company N fell by 20 percent, but profits were 20 percent of revenues. The profits in 1999 were what percent of the profits in 1998?	Choose the correct answer.
A) 80%
B) 160%
C) 120%
D) 124.2%
E) 138%
0,16R = x/100*0.1R   Answer 160%
<result>B</result>
In 1998 the profits of company N were 10 percent of revenues. In 1999, the revenues of company N fell by 20 percent, but profits were 20 percent of revenues. The profits in 1999 were what percent of the profits in 1998?