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 14 percent of revenues. The profits in 2009 were what percent of the profits in 2008?
Answers:
A) 80%
B) 112%
C) 120%
D) 124.2%
E) 138%
x = profits   r= revenue   x/r = 0,1   x= 10   r=100   2009:   r=80   x/80 = 0,14 = 14/100   x= 80*14/100= 
<gadget id="calculator">80*14/100</gadget>
<output>56/5 = around 11.2</output>
11.2   11.2/10= 1,12 = 112%, Answer 112%
<result>B</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 14 percent of revenues. The profits in 2009 were what percent of the profits in 2008?