1.

'A', 'B' and 'C' started their independent businesses with equal amounts of capital. During the first year 'A' made 10% profit, 'B' incurred 10% loss and 'C' made a profit of 5%. In the second year 'A' incurred 20% loss, 'B' made profit of 20% and 'C' made profit of 5%. Which of the following is FALSE at the end of second year ?

A. 'C' is the richest
B. 'A' is the poorest
C. 'B' is the richest
D. 'C' is richer than 'B'
Answer» D. 'C' is richer than 'B'


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