READ THE FOLLOWING INFORMATION AND ANSWER THE GIVEN QUESTION.

ABC Ltd is running an advertising business. Encouraged by substantial profits, company decided to donate ₹1,00,000 to an old age home in the locality where the company had its head office. Following particulars are obtained from the company's books:

What is the % of change in expenses?

19.54%

The correct answer is option 3- 19.54%.

Change in expenses = 10,40,000-8,70,000
                                = ₹1,70,000

% Of change = 1,70,000/8,70,000 x 100
                     = 19.54%