In 2008, the profits of Company N were 10 percent of revenues. In 2009, the revenues of Company N fell by 20 percent, but profits were 20 percent of revenues. The profits in 2009 were what percent of the profits in 2008?  Select the correct option:  A) 80%  B) 105%  C) 120%  D) 124.2%  E) 160%
x = profits   r= revenue   x/r = 0,1   x= 10   r=100   2009:   r=80   x/80 = 0,2 = 15/100   x= 80*20/100= 
<gadget id="calculator">80*20/100</gadget>
<output>16</output>
16   16/10= 1,6 = 160%, Answer 160%
<result>E</result>
In 2008, the profits of Company N were 10 percent of revenues. In 2009, the revenues of Company N fell by 20 percent, but profits were 20 percent of revenues. The profits in 2009 were what percent of the profits in 2008?