Question

A company’s profit at the end of the year was −$98.75. Which of these statements must be true?A. The company broke even.B. The company lost a little more than $100.C. The company lost a little less than $100.D. The company made a little more than $100.

Answer 1

The company profits at the end of the year was negative $ 98.75 . Since there was a negative sign in the profit that means the company lost money.The amount lost is 98.75 dollars. And the money lost is a little less than 100 dollars. This simply implies that the company lost a little less than $100.

The answer is C.