Discussion Forum : Analysis Of Financial Statements
Question -


Non current assets in 31.3.2016 is 21,30,000 and in 31.3.2017 is 36,30,000. What is the absolute change and percentage change?

Options:
A .   15,00,000 decrease and 70.12 %
B .   15,00,000 increase and 70.42 %
C .   15,00,000 decrease and 76.12 %
D .   5,00,000 increase and 70.42 %
Answer: Option B
:
B

The absolute change is (Rs 36,30,000 - Rs 21,30,000 ) i.e. increase of Rs 15,00,000  
and percentage change is (15,00,000/21,30,000) * 100  i.e. 70.42 %



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