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 revenue from operations and in what direction?

20%  increase

The correct answer is option 2- 20%  increase.

Change in revenue from operations= 18,00,000-15,00,000
                                                        = ₹3,00,000(increase)

% Of change = Change in revenue from operations /Revenue of operations of previous year x 100
                     = 3,00,000/15,00,000 x 100
                     = 20%

Thus, there is an increase of 20%.