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By what percentage has the revenue of th...

By what percentage has the revenue of the firm decreased in 2010 with respect to the last year?

A

`15.38`

B

`14.44`

C

`11.11`

D

`13.33`

Text Solution

AI Generated Solution

The correct Answer is:
To find the percentage decrease in revenue of the firm in 2010 with respect to the previous year (2009), we will follow these steps: ### Step-by-Step Solution: 1. **Identify the Revenue for Both Years**: - Revenue in 2009 = 300 crores - Revenue in 2010 = 260 crores 2. **Calculate the Decrease in Revenue**: - Decrease in revenue = Revenue in 2009 - Revenue in 2010 - Decrease in revenue = 300 crores - 260 crores = 40 crores 3. **Calculate the Percentage Decrease**: - Percentage decrease is calculated using the formula: \[ \text{Percentage Decrease} = \left( \frac{\text{Decrease in Revenue}}{\text{Revenue in 2009}} \right) \times 100 \] - Plugging in the values: \[ \text{Percentage Decrease} = \left( \frac{40}{300} \right) \times 100 \] 4. **Simplify the Calculation**: - First, simplify \( \frac{40}{300} \): \[ \frac{40}{300} = \frac{4}{30} = \frac{2}{15} \] - Now, calculate \( \frac{2}{15} \times 100 \): \[ \frac{2 \times 100}{15} = \frac{200}{15} \approx 13.33 \] 5. **Conclusion**: - The revenue of the firm decreased by approximately **13.33%** in 2010 with respect to 2009.
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