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? |
25% 50% 75% 150% |
50% |
The correct answer is option 2- 50%. Change in shareholders funds = Shareholders funds of 2016 - Shareholders funds of 2015 % of Change = Change in shareholders funds / Previous year shareholders funds x 100 |