Instructions

The following 2 bar charts represent revenues and expenses (in thousands) of A Ltd, B Ltd, and C Ltd over a period of five years.

Revenues of A Ltd, B Ltd, C Ltd for the period 2011-2015

Question 40

What was the approximate percentage decline in the revenue of C Ltd in 2015 as compared to the revenue in 2012?

Solution

Revenue of C in 2012 = 180,000

Revenue of C in 2015 = 120,000

Decline in revenue = 180,000-120,000 = 60,000

Percentage decline in revenue = (Decline in revenue/Revenue of C in 2012)*100 = (60,000/180,000)*100 = 33.33

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