In the comparative balance sheet percentage of change is written. Share capital is ₹25 lakh for the year 2021 and ₹20 lakh for the year 2022. What is the direction & percentage of change?

25% increase 25% decrease 20% increase 20% decrease

20% decrease

The correct answer is option 4- 20% decrease. Change = 25-20              = ₹5 lakh (decrease) % Of change = 5/25 X 100                      = 20% Thus, there is decrease by 20%.