A company’s working capital is ₹ 10 lakh (Negative balance) in the year 2018. It became ₹ 15 lakh (Positive balance) in the year 2019. What is the percentage of change?

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KollegeApply · Accepted Answer

250% Explanation: Working capital in 2018 = −10,00,000 Working capital in 2019 = 15,00,000 Difference in working capital = 15,00,000 − (−10,00,000) = 25,00,000 = `(25,00,000)/(10,00,000) $\times$ 100` = 250%

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