Practicing Success

Target Exam

CUET

Subject

Accountancy

Chapter

Analysis of Financial Statements

Question:

In common size statement, if revenue from operations are ₹23,00,000 and other incomes are ₹3,00,000, then the percentage of "Total Revenue from Operations" to "Revenue from operations" will be:

Options:

110%

113.04%

12.04%

110.04%

Correct Answer:

113.04%

Explanation:

Percentage of "Total Revenue from Operations" to "Revenue from operations" = 2600000/2300000 X 100
                                                                                                                = 113.04%