For calculating trend percentage, which of the following formula is used?
A
(Present year value/Base year value) x 100
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B
(Base year value/Present year value) x 100
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C
(Present year value/100) x Base year value
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D
(Base year value/100) x Present year value
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Solution
The correct option is A (Present year value/Base year value) x 100 Generally the first year is taken as the base year. The figure of base year is taken as 100. Trend percentage is calculated by following formula: