Q. 21 DK Goel Comparative Statements Solutions CBSE (2024-25)

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Solution of Question number 21 of DK Goel Comparative Statements chapter of CBSE Board (2024-25)

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

Particulars31.3.202331.3.2022
Revenue from Operations30,00,00020,00,000
Purchase of Stock-in-Trade16,00,00012,00,000
Changes in Inventories(1,25,000)2,50,000
Other Expenses10% of Revenue from Operations8% of Revenue from Operations

[Ans. Profit before Tax 2022 ₹ 3,90,000; 2023 ₹ 12,25,000.]

Percentage (%) Change in:

Revenue from Operations50.00
Purchase of Stock-in-Trade33.33
Changes in Inventories(150.00)
Other Expenses87.50
Total Expenses10.25
Profit before Tax214.10

Solution:-

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