A company’s annual profit (in lakhs) for four consecutive years is as follows: Year 1 – 500 lakhs, Year 2 – 420 lakhs, Year 3 – 630 lakhs, Year 4 – 560 lakhs. In which year did the company experience the highest percentage decrease in profit compared to the previous year?
A company’s annual profit (in lakhs) for four consecutive years is as…
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