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%