Ritesh and Co. generated revenue of Rs. 1,800 in 2006. This was 12.5% of its gross revenue. In 2007, the gross revenue grew by Rs. 2,500. What is the percentage increase in the revenue in 2007? Choose one:
A) 17.36%  B) 20%  C) 25%  D) 50%  E) None of these
Explanation :   Given, Ritesh and Co. generated revenue of Rs. 1,800 in 2006 and that this was 12.5% of the gross revenue.   Hence, if 1800 is 12.5% of the revenue, then 100% (gross revenue) is:   =&gt;(100/12.5)×1800.   =&gt;14,400.   Hence, the total revenue by end of 2007 is Rs. 14,400. In 2006, revenue grew by Rs. 2500. This is a growth of:   =&gt;(2500/14400)×100.   =&gt;17.36%.   17.36%nswer : 17.36%
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Ritesh and Co. generated revenue of Rs. 1,800 in 2006. This was 12.5% of its gross revenue. In 2007, the gross revenue grew by Rs. 2,500. What is the percentage increase in the revenue in 2007?