Percentage changeeasyFree question
Percentage change Numerical Reasoning Question
| Year | Revenue (£m) |
|---|---|
| 2023 | 250 |
| 2024 | 410 |
By what percentage did Caldera One's Revenue change from 2023 to 2024?
A48.5%
B39.0%
C24.2%
D164.0%
E64.0%
Worked solution
Percentage change = (new − old) ÷ old × 100. Always divide by the original (earlier) value. The correct answer is 64.0%. Traps to avoid: 48.5% comes from the "base as average" error; 39.0% comes from the "inverted base" error; 24.2% comes from the "wrong base total" error; 164.0% comes from the "ratio not change" error.
The wrong answers here have names