Target Exam

CUET

Subject

-- Accountancy Part B

Chapter

Analysis of Financial Statements

Question:

While analyzing the financial statements of the company, the Assets of the company showed an increase from ₹4,00,000 to ₹6,00,000. What is the percentage of change?

Options:

20%

25%

33%

50%

Correct Answer:

50%

Explanation:

The correct answer is option 4- 50%.

₹2,00,000 is the change (6,00,000 - 4,00,000)
% of change = 2,00,000/4,00,000 X 100
                     = 50%