What is the percentage change in Cash and Cash Equivalents from 2023 to 2024? - Accountancy MCQ CUET Accountancy 2026 | ExamTest.live | ExamTest.live

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What is the percentage change in Cash and Cash Equivalents from 2023 to 2024?

A $50%$
B $20%$
C $33.33%$
D $66.67%$

Solution & Step-by-step Explanation

Let's calculate the percentage change for Cash and Cash Equivalents: Value in 2023 (Base Year) = 2 Absolute Increase = 1 Percentage Change = \frac{Absolute Change}{Base Year Value} \times 100 Percentage Change = \frac{1}{2} \times 100 = 50%

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Try it yourself before checking the explanation above.

What is the percentage change in Cash and Cash Equivalents from 2023 to 2024?

A

50%

B

20%

C

33.33%

D

66.67%

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