If a company's revenue was Rs. 50 lakhs in 2020 and Rs. 65 lakhs in 2021, what was the percentage increase?

A 25%

B 30%

C 35%

D 20%

✓ Correct Answer: Option B

Increase = 15 lakhs. %increase = (15/50)×100 = 30%.

💡 Why is B) the correct answer?

The correct answer to the question "If a company's revenue was Rs. 50 lakhs in 2020 and Rs. 65 lakhs in 2021, what was the percentage increase?" is Option B: 30%.

The other options — A) 25%, C) 35%, D) 20% — are incorrect for this Mathematics question. As explained above: Increase = 15 lakhs. %increase = (15/50)×100 = 30%.

📚 About This Mathematics Practice Question

This 1-level Mathematics question from the Data Interpretation topic is part of One Paper Preparation's free exam preparation library. Each question includes the correct answer and a detailed explanation to help you understand the underlying concept, not just memorize the answer.

How to use this page: Read the question above, consider all four options (A through D), then check the highlighted correct answer and explanation. For active timed practice, start a free Mathematics practice test or use flashcards for spaced repetition review.

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If a company's revenue was Rs. 50 lakhs in 2020 and Rs. 65 lakhs in 2021, what was the percentage increase?

✓ Correct Answer: Option B

📚 About This Mathematics Practice Question

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