[CBSE] Q. 14 Comparative and Common Size Statements TS Grewal Solutions Class 12 (2026-27)
Solutions of Question number 14 of comparative and common size statements TS grewal class 12 CBSE Board 2026-27.
From the following information, prepare Comparative Statement of Profit & Loss. Showing increase decrease and percentage:
| Particulars | 31st March, 2024 | 31st March, 2023 |
| Cost of Materials Consumed | 13,44,000 | 6,00,000 |
| Revenue from Operations (% of Materials Consumed) | 125% | 200% |
| Other Expenses (% of Operating Revenue) | 10% | 10% |
| Tax Rate | 50% | 50% |
[Ans.]
| Particulars | Absolute Change (₹) | Percentage Change (%) |
| Revenue from Operations | 4,80,000 | 40.00 |
| Total Expenses | 7,92,000 | 110.00 |
| Profit before Tax | (3,12,000) | (65.00) |
| Tax | (1,56,000) | (65.00) |
| Profit after Tax | (1,56,000) | (65.00) |
Solution:-
Working Notes:-
Calculation of Revenue from Operations:-
Previous Year
6,00,000 x 200% = ₹ 12,00,000
Current Year
13,44,000 x 125% = ₹ 16,80,000
Calculations of Other Expenses:
Previous Year
12,00,000 x 10% = ₹ 1,20,000
Current Year
16,80,000 x 10% = ₹ 1,68,000
Note:- Mention the Previous Year and the Current Year as mentioned in your question.
