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Question
A Company's Current Liabilities decreased from ₹ 12,00,000 to ₹ 9,00,000. What is the percentage of change in Current Liabilities?
Options
20%
25%
33.3%
40%
MCQ
Solution
25%
Explanation:
Percentage of Change in Current Liabilities = `(12,00,000 - 9,00,000)/(12,00,000) xx 100`
= `(3,00,000)/(12,00,000) xx 100`
= 25%
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