Q. 19 Comparative and Common Size Statements TS Grewal Solutions Class 12 CBSE (2025-26)
Solutions of Question number 19 of comparative and common size statements TS grewal class 12 CBSE Board 2025-26.
Prepare Comparative Statement of Profit & Loss from the following Statement of Profit & Loss:
| Particulars | Note. No. | 31st March, 2024 (₹) | 31st March, 2023 (₹) |
| I. Income | |||
| Revenue from Operations (Net Sales) | 3,50,000 | 3,00,000 | |
| II. Expenses | |||
| Purchases of Stock-in-Trade | 2,10,000 | 1,80,000 | |
| Change in Inventories of Stock-in-Trade | 15,000 | 20,000 | |
| Employees Benefit Expenses | 17,500 | 15,000 | |
| Other Expenses | 7,500 | 5,000 | |
| Total | 2,50,000 | 2,20,000 | |
| III. Profit before Tax (I-II) | 1,00,000 | 80,000 | |
| IV. Tax | 30,000 | 24,000 | |
| V. Profit after Tax (III – IV) | 70,000 | 56,000 |
[Ans.:]
| Particulars | Absolut Change (₹) | Percentage Change (%) |
| Revenue from Operations | 50,000 | 16,67 |
| Purchase of Stock-in-Trade | 30,000 | 16.67 |
| Change in inventories of Stock-in-Trade | (5,000) | (25.00) |
| Employees Benefit Expenses | 2,500 | 16.67 |
| Other Expenses | 2,500 | 50.00 |
| Profit before Tax | 20,000 | 25.00 |
| Tax | 6,000 | 25.00 |
| Profit after Tax | 14,000 | 25.00 |
Solution:-
Note:- Mention the Previous Year and the Current Year as mentioned in your question.
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 |
