Q. 11 Comparative and Common Size Statements TS Grewal Solutions Class 12 CBSE (2025-26)

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Solutions of Question number 11 of comparative and common size statements TS grewal class 12 CBSE Board 2025-26.

Following information is extracted from the statement of Profit & Loss of Gold Coin Ltd. for the year ended 31st March, 2024:

Particulars31st March,
2024
31st March,
2023
Revenue from Operations60,00,00045,00,000
Employee Benefit Expenses30,00,00022,50,000
Depreciation7,50,0006,00,000
Other Expenses15,50,00010,00,000
Tax Rate30%30%

Prepare Comparative Statement of Profit & Loss.

[Ans.]

ParticularsAbsolute ChangePercentage Change (%)
Revenue from Operations15,00,00033.33
Employee Benefit Expenses7,50,00033.33
Depreciation1,50,00025.00
Other Expenses5,50,00055.00
Profit before Tax50,0007.69
Tax15,0007.69
Profit after Tax35,0007,69

Solution:-

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

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