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 Other Income ?

• A. -21.43%
• B. -22.43%
• C. 21.44%
• D. None of these

Answer 1

The correct option is A

-21.43%

Change in Other Income = 2,75,000-3,50,000= -75,000 i.e decrease of 75,000
% Decrease = 75,000/3,50,000*100 = 21.43%