The following bar graph shows receipts and expenditure of a business firm over 5 years. Gain = Receipts - Expenditure.
What is the increase percentage in receipts from 2017 to 2018?
Answer & explanation
Correct answer: option 2
percentage increase in receipts from 2017 to 2018 = \(\frac{80 - 64}{64}\) × 100
= \(\frac{1}{4}\) × 100
= 25%