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

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

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

31.3.2022
(₹)
31.3.2021
(₹)
Revenue from Operations50,00,00040,00,000
Finance Costs22,00,00016,00,000
Employee Benefit Expenses6,00,0005,00,000
Other Expenses (5% of Revenue from Operations)
Income Tax40%45%

[Ans. Profit after Tax 2021 ₹ 9,35,000; 2022 ₹ 11,70,000.]

Percentage (%) Change in:

Revenue from Operations25.00
Employee Benefit Expenses20.00
Finance Costs37.50
Other Expenses25.00
Profit before Tax14.71
Profit After Tax25.13

Solution:-

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