In 1998 the profits of company N were 10 percent of revenues. In 1999, the revenues of company N fell by 30 percent, but profits were 14 percent of revenues. The profits in 1999 were what percent of the profits in 1998?  Choices: A) 80% B) 105% C) 120% D) 124.2% E) 98%
0,098R = x/100*0.1R   Answer 98%
<result>E</result>
In 1998 the profits of company N were 10 percent of revenues. In 1999, the revenues of company N fell by 30 percent, but profits were 14 percent of revenues. The profits in 1999 were what percent of the profits in 1998?