Q. 17 DK Goel Comparative Statements Solutions CBSE (2024-25)
Solution of Question number 17 of DK Goel Comparative Statements chapter of CBSE Board (2024-25)
Prepare a Comparative Statement of Profit & Loss from the following information:
| Particulars | 2021-22 | 2020-21 |
| Revenue from Operations | 6,00,000 | 4,00,000 |
| Cost of Material Consumed | 70% of Revenue from Operations | 60% of Revenue from Operations |
| Indirect Expenses | 20% of Cost of Materials Consumed | 25% of Cost of Materials Consumed |
| Income Tax | 40% of Net Profit before Tax | 40% of Net Profit before Tax |
[Ans. Profit after Tax 2021 ₹ 60,000; 2022 ₹ 57,600.]
Percentage (%) Change in:
| Revenue from Operations | 50.00 |
| Cost of Materials Consumed | 75.00 |
| Other Expenses | 40.00 |
| Total Expenses | 68.00 |
| Profit before and After Tax | (4.00) |
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 |
