In common size statement, if revenue from operations are ₹25,00,000 and other incomes are ₹5,00,000, then the percentage of "Total Revenue from Operations" to "Revenue from operations" will be:
Answer & explanation
Correct answer: option 3
The correct answer is option 3- 120%.
Total Revenue from Operations = revenue from operations + other incomes
= ₹25,00,000 + ₹5,00,000
= ₹3000000
Percentage of "Total Revenue from Operations" to "Revenue from operations" = Total Revenue from Operations/Revenue from operations X 100
= 3000000/2500000 X 100
= 120%