[CBSE] Q. 23 Comparative and Common Size Statements TS Grewal Solutions Class 12 (2026-27)
Solutions of Question number 23 of comparative and common size statements TS grewal class 12 CBSE Board 2026-27.
From the following Statement of Profit & Loss of Star Ltd. for the years ended 31st March, 2023 and 2024, prepare a Common-Size Statement:
| Particulars | Note. No. | 2022-23 | 2023-24 |
| Revenue from Operations | 25,00,000 | 20,00,000 | |
| Employee Benefit Expenses | 10,00,000 | 7,00,000 | |
| Other Expenses | 2,00,000 | 3,00,000 | |
| Tax Rate | 40% | 40% |
[Ans.]
| Year | 2022-23 (%) | 2023-24 (%) |
| Revenue from Opertions | 100 | 100 |
| Employees Benefit Expenses | 35 | 40 |
| Other Expenses | 15 | 8 |
| Profit before Tax | 50 | 52 |
| Tax | 20 | 20.80 |
| Profit After Tax | 30 | 31.20 |

Solution:-

Note:- Mention the Previous Year and the Current Year as mentioned in your question.
