The Trend Analysis Report of Doppler Ltd Is Given Below

Multiple Choice

The trend analysis report of Doppler Ltd is given below: $\begin{array}{|l|l|l|l|l|l|}\hline\text { (in millions) } & 2020 & 2019 & 2018 & 2017 & 2016 \\\hline \text { Profit } & \$ 670 & \$ 602 & \$ 460 & \$ 407 & \$ 402 \\\hline \text { Trend percentages } & 167 & 150 & 114 & 101 & 100\\\hline\end{array}$ Which of the following is a correct conclusion from the above analysis?

A) Profit for the year 2018 has decreased by 14% over that for the year 2016.
B) Profit for the year 2018 has increased by 14% over that for the year 2016.
C) Profit for the year 2018 has decreased by 114% over that for the year 2016.
D) Profit for the year 2018 has increased by 114% over that for the year 2016.