Q. 18 DK Goel Comparative Statements Solutions CBSE (2024-25)

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Solution of Question number 18 of DK Goel Comparative Statements chapter of CBSE Board (2024-25)

Prepare a Comparative Statement of Profit from the following information:

Particulars31.03.202231.03.2021
Revenue from Operations15,00,00012,00,000
Purchase of Stock-in-Trade10,00,0007,00,000
Change in Inventories1,50,0001,00,000
Other Expenses8% of Revenue from Operations10% of Revenue from Operations

[Ans. Profit after Tax 2021 ₹ 2,80,000; 2022 ₹ 2,30,000.]

Percentage (%) change in:

Revenue from Operations25.00
Purchase of Stock-in-Trade42.86
Change in Inventories50.00
Other Expenses
Total Expenses38.04
Profit before Tax(17.86)

Solution:-

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