Q. 29 DK Goel Comparative Statements Solutions CBSE (2024-25)

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Solution of Question number 29 of DK Goel Comparative Statements chapter of CBSE Board (2024-25)

From the following information extracted from the Statement of Profit and Loss for the year ended 31st March, 2017 and 2018, prepare a Comparative Statement of Profit & Loss:

ParticularsNote. No.2017-182016-17
Revenue from Operations6,00,0005,00,000
Other Incomes (% of Revenue from Operations)20%20%
Employee Benefit Expenses (% of Total Revenue)40%30%
Tax Rate50%50%

[Ans. Profit After Tax : 2017 ₹ 2,10,000 and 2018 ₹ 2,16,000.]

Percentage (%) Change in

Revenue from Operations20
Other Income20
Total Income20
Employee Benefit Exp.60
Profit before and After Tax2.86

Solution:-

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