3 (a) Which one of the following is a disadvantage of starting a partnership? Select one answer. A Business owners have different skills B Can be easier to raise finance C Business decisions affect all partners D Financial information is kept private Figure 1 shows the sales revenue of a business from January to April. (b) Using the information in Figure 1, calculate, to 2 decimal places, the percentage decrease in sales revenue from January to March.You are advised to show your workings. (2) __ go

## Step1: The first part of the question requires understanding the disadvantages of a partnership. In a partnership, two or more individuals share ownership, as well as profits, losses, and liability. Options A, B, C and D set out potential characteristics of partnerships. ## Step2: Option A states that business owners have different skills. This is not a disadvantage but rather an advantage as it allows for a diversity of ideas and skills. Option B suggests that it can be easier to raise finance. This is also an advantage as more partners can contribute to the capital of the business. Option D suggests that financial information is kept private. This is not necessarily a disadvantage as it depends on the context. ## Step3: Option C states that business decisions affect all partners. This can be seen as a disadvantage as disagreements can arise and decisions may not always be in the best interest of all partners. ## Step4: The second part of the question requires calculating the percentage decrease in sales revenue from January to March. ## Step5: To calculate the percentage decrease, we use the formula: ### ## Step6: Assume the sales revenue in January is and in March is . Substitute and into the formula and calculate the result.