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:
Answer & explanation
Correct answer: option 2
The correct answer is option 2- 113.04%.
Total revenue from operations = Revenue from operations + Other income
= 23,00,000 + 3,00,000
= 26,00,000
Percentage of "Total Revenue from Operations" to "Revenue from operations" = 26,00,000/23,00,000 X 100
= 113.04%