Percentage changeeasyFree question
YearRevenue (£m)
2023620
2024760

By what percentage did Carraway plc's Revenue change from 2023 to 2024?

A20.3%
B10.1%
C122.6%
D22.6%
E18.4%
Worked solution

Percentage change = (new − old) ÷ old × 100. Always divide by the original (earlier) value. The correct answer is 22.6%. Traps to avoid: 20.3% comes from the "base as average" error; 10.1% comes from the "wrong base total" error; 122.6% comes from the "ratio not change" error; 18.4% comes from the "inverted base" error.

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