A company generated revenue of Tk. 125,000 in 2012which was 5% of its gross revenue. In 2013, the gross revenue increased by Tk. 250,000, what is the percentage increase in the revenue in 2013?

A company generated revenue of Tk. 125,000 in 2012which was 5% of its gross revenue. In 2013, the gross revenue increased by Tk. 250,000, what is the percentage increase in the revenue in 2013?

A 12.5%

B 20%

C 25%

D 50%

Solution

Correct Answer: Option C