OUR LADY OF MERCY SCHOOL

Names: Jacqueline, Alexandra e Vivian.                        Grade: 8th

Teachers: Ms. Oliveira and Ms. Xavier             Date: 06/12/2001

CSN

    The CSN (Companhia Siderúrgica Nacional) is the largest integrated steel complex in Latin America with a total area of 3,76 Km². In 1946, CSN inaugurated large-scale domestic steel production, nowadays it produces 5 million tons a year of untempered  steel.

    The “President Vargas Steel Mill”, in Volta Redonda, in the Southern part of the State of Rio de Janeiro, produces flat steel, galvanized sheets and tin mill products for the packaging and distribution of automotive, domestic appliance, construction, machinery, equipment and  pipe industries among others.

    Privatized in 1993, CSN today is a highly competitive company for its excellent technical and administrative staff; for its self-sufficiency in iron and fluxes (limestone and dolomite); for the integration of its production activities, and for the investments  made over the past few years in new equipment, energy, and logistics.

PROBLEM

            The (CSN) Companhia Sinderúrgca Nacional  registered a profit of R$ 231,1 million in the first nine months of the year 2000.  A R$ 53,1 million profit was registered during the same period in 1999.

What is the percentage of profit increase from 1999 to 2000?

Difference of increase: 231.1 – 53.1 = 178

Percentage of increase: 178 / 53.1* 100% = 335.22%

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Bibliography:

http://www.jbrj.gov.br