Q. 12 Comparative and Common Size Statements TS Grewal Solutions Class 12 CBSE (2024-25)

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Solutions of Question number 12 of comparative and common size statements TS grewal class 12 CBSE Board 2024 25.

Prepare a Comparative Income Statement of Bikul Ltd. with the help of the following information:

Particulars2016-17 (₹)2017-18 (₹)
Revenue from Operations10,00,00016,00,000
Cost of Materials Consumed5,00,00010,00,000
Employee Benefit Expenses80,00040,000
Other Indirect Expenses60,00080,000

Income Tax Rate 40%.

[Ans.]

ParticularsAbsolute ChangePercentage Change (%)
Revenue from Operations6,00,00060.00
Cost of Material Consumed5,00,000100.00
Employee Benefit Expenses(40,000)(50.00)
Other Indirect Exp20,00033.33
Total Expenses4,80,00075.00
Profit before Tax1,20,00033.33
Profit after Tax72,00033.33

Solution:-

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