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Get access to the detailed solutions to the previous years questions asked in IIFT exam
Revenue of C in 2012 = 180,000
Revenue of C in 2015 = 120,000
Decline in revenue = 180,000-120,000 = 60,000
Percentage decline in revenue = (Decline in revenue/Revenue of C in 2012)*100 = (60,000/180,000)*100 = 33.33