Q. 12 DK Goel Comparative Statements Solutions CBSE (2024-25)

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Solution of Question number 12 of DK Goel Comparative Statements chapter of CBSE Board (2024-25)

Prepare a Comparative Statement of Profit & Loss with the help of the following information:

Particulars31.03.202331.03.2022
Revenue from Operations10,00,0008,00,000
Gross Profit30%25%
Employee Benefit Expenses30,00040,000
Other Expenses50,00010,000
Income Tax40%40%

[Ans. Profit after Tax 2022 ₹ 90,000; 2023 ₹ 1,32,000.]

Percentage (%) change in:

Revenue from Operations25.00
Cost of Revenue from Operations16.67
Employee Benefit Expenses(25.00)
Other Expenses20.00
Profit before and After Tax46.67

Solution:-

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