Q. 28 DK Goel Comparative Statements Solutions CBSE (2024-25)

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Solution of Question number 28 of DK Goel Comparative Statements chapter of CBSE Board (2024-25)

From the following information, prepare a Comparative Statement of Profit and Loss:

Particulars31.3.202431.3.2023
Revenue from Operations24,00,00018,00,000
Other Incomes (% of Revenue from Operations)15%25%
Expenses (% of Revenue from Operations)60%50%
Tax Rate40%40%

[Ans. Profit after Tax : 2024 ₹ 7,92,000 and 2023 ₹ 8,10,000.

Percentage (%) Change in:

Revenue from Operations33.33
Other Income(20)
Total Income22.67
Expenses60
Profit before and after Tax(2.22)

Solution:-

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