[CBSE] Q. 7 Comparative and Common Size Statements TS Grewal Solutions Class 12 (2026-27)
Solutions of Question number 7 of comparative and common size statements TS grewal class 12 CBSE Board 2026-27.
Prepare Comparative Statement of Profit & Loss from the following information:
| Particulars | 31st March 2024 (₹) | 31st March, 2023 (₹) |
| Revenue from Operations | 30,00,000 | 20,00,000 |
| Other Income | 3,60,000 | 4,00,000 |
| Expenses | 21,00,000 | 12,00,000 |
[Ans.]
| Particulars | Absolute Change (₹) | Percentage Change (%) |
| Revenue from Operations | 10,00,000 | 50.00 |
| Other Income | (40,000) | (10.00) |
| Total Revenue | 9,60,000 | 40.00 |
| Expenses | 9,00,000 | 75.00 |
| Profit before Tax | 60,000 | 5.00 |
Solution:-
Note:- Mention the Previous Year and the Current Year as mentioned in your question.
