[CBSE] Q. 17 Comparative and Common Size Statements TS Grewal Solutions Class 12 (2026-27)
Solutions of Question number 17 of comparative and common size statements TS grewal class 12 CBSE Board 2026-27.
From the following information, prepare Comparative Statement of Profit & Loss:
| Particulars | 31st March, 2025 | 31st March, 2024 |
| Revenue from Operations | 20,00,000 | 16,00,000 |
| Other Income | 4,40,000 | 3,00,000 |
| Cost of Materials Consumed | 8,00,000 | 6,00,000 |
| Changes in Inventories of Finished Goods and Work-in-Progress | 4,00,000 | 2,00,000 |
| Other Expenses (% of Cost of Revenue from Operations) | 15% | 10% |
| Tax Rate | 30% | 30% |
[Ans.: Absolute and Percentage Changes: Revenue from Operations = ₹ 4,00,000; 25%, Other Income = ₹ 1,40,000; 46.67%, Cost of Materials Consumed = ₹ 2,00,000; 33.33%, Change in Inventories of Finished Goods and work in Progress = ₹ 2,00,000; 100%, Other Expenses = ₹ 1,00,000; 125% Profit before Tax = ₹ 40,000; 3.92%, Profit after Tax = ₹ 28,000; 3.92%.]
Solution:-
Note:- Mention the Previous Year and the Current Year as mentioned in your question.
