Target Exam

CUET

Subject

-- Accountancy Part B

Chapter

Analysis of Financial Statements

Question:

A company's shareholders fund was ₹8,00,000 in the year 2015 and it became ₹12,00,000 in the year 2016. What is percentage of change?

Options:

25%

50%

75%

150%

Correct Answer:

50%

Explanation:

The correct answer is option 2- 50%.

Change in shareholders funds = Shareholders funds of 2016 - Shareholders funds of 2015
                                                 = 12,00,000 - 8,00,000
                                                 = 4,00,000

% of Change = Change in shareholders funds / Previous year shareholders funds x 100
                     = 4,00,000/8,00,000*100
                     = 50%