Practicing Success

Target Exam

CUET

Subject

Accountancy

Chapter

Analysis of Financial Statements

Question:

A company’s shareholders fund was ₹8,00,000 in the year 2021. It becomes ₹10,00,000 in the year 2022. What is the percentage of change?

Options:

25%

100%

50%

33.3%

Correct Answer:

25%

Explanation:

Change= 1000000-800000= ₹200000
% OF CHANGE= 200000/800000*100= 25%