Q. 22 Comparative and Common Size Statements TS Grewal Solutions Class 12 CBSE (2024-25)

Solutions of Question number 22 of comparative and common size statements TS grewal class 12 CBSE Board 2024 25.

Prepare Common-Size Statement of Profit & Loss from the following information:

[Ans.:]

31st March, 2023: Other Income = 2.5%; Total Revenue = 102.5%; Cost of Materials Consumed = 50%; Employee Benefit Expenses = 10%; Othe Expenses = 7.5%; Total Expenses = 67.5%; Profit before Tax = 35%; Profit after Tax = 25%. 31st march, 2024; Other Income = 4%; Total Revenue = 104%; Cost of Materials Consumed = 60%; Employee Benefit Expenses = 12%; Other Expenses = 8%; Total Expenses = 80%; Profit before Tax = 24%; Profit after Tax = 14%.]

Solution:-

Note:- Mention the Previous Year and the Current Year as mentioned in your question.

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