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 2
The correct answer is option 2- 25%
Increase = Revenue from operations in 2022 - Revenue from operations in 2021
Increase = 15,00,000-12,00,000
= ₹3,00,000
% change = Change/Revenue from operations in 2021 X 100
= 3,00,000/12,00,000 x 100
= 25%