Q. 7 DK Goel Comparative Statements Solutions CBSE (2024-25)
Solution of Question number 7 of DK Goel Comparative Statements chapter of CBSE Board (2024-25)
From the following Statement of profit and loss of the Sakhi Ltd. for the years ended 31st March 2021 and 2022, prepare Comparative Statement of Profit & Loss.
Statement of Profit & Loss
for years ended 31st March 2021 & 2022
| Particulars | 2020-21 | 2021-22 |
| Revenue from Operations | 25,00,000 | 40,00,000 |
| Expenses: | ||
| (a) Employee Benefit Expenses were 5% of Revenue from Operations | ||
| (b) Other Expenses | 5,90,000 | 6,80,000 |
| Rate of Tax 35% |
[Ans. Profit after Tax 2020-21 ₹ 11,60,250; 2021-22 ₹ 20,28,000
Percentage (%) Change in
| Revenue from Operations | 60.00 |
| Employee Benefit Expenses | 60.00 |
| Other Expenses | 15.25 |
| Total Expenses | 23.08 |
| Profit before and after Tax | 74.79 |
Solution:-
Following is the list of solutions
| S.N | Solutions |
| 1 | Question – 1 |
| 2 | Question – 2 |
| 3 | Question – 3 |
| 4 | Question – 4 |
| 5 | Question – 5 |
| 6 | Question – 6 |
| 7 | Question – 7 |
| 8 | Question – 8 |
| 9 | Question – 9 |
| 10 | Question – 10 |
| S.N | Solutions |
| 11 | Question – 11 |
| 12 | Question – 12 |
| 13 | Question – 13 |
| 14 | Question – 14 |
| 15 | Question – 15 |
| 16 | Question – 16 |
| 17 | Question – 17 |
| 18 | Question – 18 |
| 19 | Question – 19 |
| 20 | Question – 20 |
