Read the following data given in the books of ABC Ltd and answer the question given below.
| Particulars | 2022 | 2021 |
| Revenue from operations | ₹15,00,000 | ₹12,00,000 |
| Other Income | ₹30,000 | ₹20,000 |
| Cost of Materials Consumed | ₹7,00,000 | ₹5,50,000 |
What is the change in revenue from operations?
Answer & explanation
Correct answer: option 1
The correct answer is option 1 i.e. ₹3,00,000 Increase
Increase = 15,00,000-12,00,000
= ₹3,00,000
Revenue is increased in year 2022 from the year 2021 so there is an increase.