Question

Refer the data in the table below:

$\begin{array}{ccc}\text{Particulars}& 2005-06& 2004-05\\ \text{Revenue from Operations}& 4,00,000& 500,000\\ \text{Other Income}& 2,75,000& 3,50,000\\ & 6,75,000& 8,50,000\\ \text{Purchase of stock in trade}& 95,000& 100,000\\ \text{Employee Benefit Expenses}& 2,75,000& 2,50,000\\ \text{Depreciation and Amortization}& 65,000& 50,000\\ \text{Profit Before Tax}& 2,40,000& 4,50,000\end{array}$

Calculate the % change in Profit before tax.

• A. -50%
• B. -25.55%
• C. -46.67%
• D. None of the above

Answer 1

The correct option is C

-46.67%

% Change = (2,40,000 - 4,50,000) / 4,50,000*100
= (-2,10,000/4,50,000) * 100
= - 46.67%