Q.

Cost of goods sold for a company is Rs 30,00,000, Rs 24,00,000 and Rs 18,00,000 for 2015, 2014 and 2013 respectively. If 2013 is the base year the percentage increase in cost of goods sold from 2013 to 2015 is

A. 0.6667
B. 0.7
C. 0.5
D. 0.45
Answer» A. 0.6667

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Management Accounting

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