Sales (in Rs lakh) of a firm were 400, 370, 425, 370 in 2019, 2020, 2021, 2022 respectively. What was the percentage change in sales from 2021 to 2022, to the nearest whole number?
Answer and explanation
Correct answer: A. -13%
- Step 1: Change = 370 - 425 = -55.
- Step 2: Percentage change = -55/425 x 100 = about -13%.
Answer
-13%.
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