A certain company’s profit in 1996 was 15 percent greater than its profit in 1995, and its profit in 1997 was 20 percent greater than its profit in 1996. The company’s profit in 1997 was what percent greater than its profit in 1995?
Choose the correct option.
A) 5%
B) 18%
C) 33%
D) 35%
E) 38%
Soln:-   Profit in 1995 - 100   Profit in 1996 - 115   %increase Profit in 1997 in comparison to 1995 = 15 + 115*20%= 38%   ANSW38%R:38%
<result>E</result>
A certain company’s profit in 1996 was 15 percent greater than its profit in 1995, and its profit in 1997 was 20 percent greater than its profit in 1996. The company’s profit in 1997 was what percent greater than its profit in 1995?