Q. 20 DK Goel Comparative Statements Solutions CBSE (2024-25)

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Solution of Question number 20 of DK Goel Comparative Statements chapter of CBSE Board (2024-25)

From the following data, prepare a Statement of Profits in the comparative form:

Particulars31.3.202331.3.2022
Revenue from Operations80,00,00075,00,000
Purchase of Stock-in-Trade40,00,00036,00,000
Change in Inventories3,00,000(2,00,000)
Other Expenses6,00,0002,00,000

[Ans. Profit before Tax 2022 ₹ 39,00,000; 2023 ₹ 31,00,000.]

Percentage (%) Change in:

Revenue from Operations(6.67)
Purchase of Stock-in-Trade11.11
Changes in Inventories250.00
Other Expenses200.00
Total Expenses36.11
Profit before Tax(20.51)

Solution:-

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