How to solve Iift 2016 Question 40?

This question can be solved by applying the core concept explained in the solution above, followed by step-by-step calculation and elimination of options.

Which concept is tested in this question?

This question tests fundamental concepts commonly asked in IIFT exams.

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Iift 2016 Question 40

This is a detailed step-by-step solution for Iift 2016 Question 40. Understand the concept, common mistakes, and expert tips to solve similar questions in IIFT exam.

IIFT

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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