Question

A company’s current liabilities decreased from ₹ 4,00,000 to ₹ 3,00,000. What is the percentage of change?

विकल्प

• (25%)

• 33.3%

• 20%

• 25%

Answer 1

(25%)

Explanation:

Given:

Old value = 4,00,000

New values = 3,00,000

Percentage change = `("New value" - "Old value")/"Old value" xx 100`

= `(300,000 - 400,000)/(400,000) × 100`

= `(-100,000)/(400,000) × 100`

= −25%