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 10 percent of revenues. The profits in 2009 were what percent of the profits in 2008? Choose the correct choice from the following answers:
A) 80% B) 105% C) 120% D) 124.2% E) 138%
x = profits   r= revenue   x/r = 0,1   x= 10   r=100   2009:   r=80   x/80 = 0,10 = 10/100   x= 80*10/100= 
<gadget id="calculator">80*10/100</gadget>
<output>8</output>
8   8/10= 
<gadget id="calculator">8/10</gadget>
<output>4/5 = around 0.8</output>
0.8= 800%, 80%nswer 80%
<result>A</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 10 percent of revenues. The profits in 2009 were what percent of the profits in 2008?