The following bar graph shows receipts and expenditures of a business firm over 5 years, Gains = Receipts - Expenditure. What is the increasing percentage of receipts from 2017 to 2018?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. 25
Receipts in 2017 = 64
Receipts in 2018 = 80
Net increase = 80 - 64 = 16
Increase% = (16/64) × 100 = (1/4) × 100 = 25%