Q. 23 Comparative and Common Size Statements TS Grewal Solutions Class 12 CBSE (2024-25)
Solutions of Question number 23 of comparative and common size statements TS grewal class 12 CBSE Board 2024 25.
Prepare Common-Size Statement of Profit & Loss from the following Statement of Profit & Loss:
| Particulars | Note. No. | 31st March, 2024 (₹) |
| I. Income | ||
| Revenue from Operations | 15,00,000 | |
| Other Income | 60,000 | |
| Total Revenue | 15,60,000 | |
| II. Expenses | ||
| Purchase of Stock-in-Trade | 7,50,000 | |
| Change in Inventories of Stock-in-Trade | 50,000 | |
| Other Expenses | 2,10,000 | |
| Total | 10,10,000 | |
| III. Profit before Tax (I – II) | 5,50,000 |
[Ans.: Revenue from Operations – 100%; Other Income – 4%; Purchase of Stock-in-Trade – 50%; Change in Inventories of Stock-in-Trade – 3.33%; Other Expenses – 14%; Profit before Tax – 36.67%.]
Solution:-
Note:- Mention the Previous Year and the Current Year as mentioned in your question.
Following is the list of solutions
| S.N | Solutions |
| 1 | Question – 1 |
| 2 | Question – 2 |
| 3 | Question – 3 |
| 4 | Question – 4 |
| 5 | Question – 5 |
| 6 | Question – 6 |
| 7 | Question – 7 |
| 8 | Question – 8 |
| 9 | Question – 9 |
| 10 | Question – 10 |
| S.N | Solutions |
| 11 | Question – 11 |
| 12 | Question – 12 |
| 13 | Question – 13 |
| 14 | Question – 14 |
| 15 | Question – 15 |
| 16 | Question – 16 |
| 17 | Question – 17 |
| 18 | Question – 18 |
| 19 | Question – 19 |
| 20 | Question – 20 |
| S.N | Solutions |
| 21 | Question – 21 |
| 22 | Question – 22 |
| 23 | Question – 23 |
| 24 | Question – 24 |
| 25 | Question – 25 |
| 26 | Question – 26 |
| 27 | Question – 27 |
