Q. 10 DK Goel Comparative Statements Solutions CBSE (2024-25)

Solution of Question number 10 of DK Goel Comparative Statements chapter of CBSE Board (2024-25)

Prepare a Comparative Statement of Profit and Loss from the following:

Particulars	31st March, 2023	31st March, 2024
Revenue from Operations	10,00,000	15,00,000
Gross Profit	40%	30%
other Expenses	2,00,000	1,50,000
Tax Rate	40%	30%

[Ans. Profit After Tax: 2023 ₹ 1,20,000; 2024 ₹ 2,10,000.]

Percentage (%) Change in:

Revenue from Operations	50.00
Cost of Revenue from Operations	75.00
Other Expenses	(25.00)
Total Expenses	50.00
Profit before and after Tax	75.00

Hint:

(i) Revenue from Operations – Gross Profit = Cost of Revenue from Operations

(ii) Gross Profit will not be shown in Comparative Statement.

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

S.N	Solutions
21	Question – 21
22	Question – 22
23	Question – 23
24	Question – 24
25	Question – 25
26	Question – 26
27	Question – 27
28	Question – 28
29	Question – 29
30	Question – 30
31	Question – 31
32	Question – 32