Allied & ICAR Exam Bank • ALLIED_1640 MCQ • 1 Mark

Section 8: General Aptitude

Quantitative Aptitude

Subtopic: Data Interpretation

Question Statement:

The annual revenue of a farm machinery firm from 2021 to 2024 was Rs 40 crore, Rs 50 crore, Rs 65 crore, and Rs 78 crore respectively. What was the percentage increase in revenue from 2021 to 2022?

Options:

  • (A) 25%
  • (B) 20%
  • (C) 30%
  • (D) 15%

Answer Key:

A

Step-by-Step Solution & Explanation

Increase $= (50 - 40) / 40 \times 100 = 10 / 40 \times 100 = 25\%$.
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