Practicing Success

Target Exam

CUET

Subject

Accountancy

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:

₹200000 is the change(600000-400000)
% of change= 200000/400000*100= 50%