[CBSE] Q. 13 Comparative and Common Size Statements TS Grewal Solutions Class 12 (2026-27)
Solutions of Question number 13 of comparative and common size statements TS grewal class 12 CBSE Board 2026-27.
Prepare a Comparative Statement of Profit & Loss from the information extracted from the Statement of Profit & Loss for the year ended 31st March, 2017 and 2018.
| Particulars | 2017-18 (₹) | 2016-17 (₹) |
| Revenue from Operations | 15,00,000 | 10,00,000 |
| Other Income (% of Revenue from Operations) | 60% | 50% |
| Employee Benefit Expenses (% of total revenue) | 40% | 30% |
| Tax Rate | 40% | 40% |
[Ans.:]
| Particulars | Absolute Change (₹) | Percentage Change (%) |
| Revenue from Operations | 5,00,000 | 50.00 |
| Othe Income | 4,00,000 | 80.00 |
| Total Revenue | 9,00,000 | 60.00 |
| Employee Benefit Exp | 5,10,000 | 113.33 |
| Profit before Tax | 3,90,000 | 37.14 |
| Profit after Tax | 2,34,000 | 37.14 |
Solution:-
Working Notes:-
Other Income:-
Previous Year
10,00,000 x 50% = ₹ 5,00,000
Current Year
15,00,000 x 60% = ₹ 9,00,000
Employee Benefit Expenses:-
Previous Year
15,00,000 x 30% = ₹ 4,50,000
Current Year
24,00,000 x 40% ₹ 9,60,000
Note:- Mention the Previous Year and the Current Year as mentioned in your question.
