Q. 5 DK Goel Comparative Statements Solutions CBSE (2024-25)

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Solution of Question number 5 of DK Goel Comparative Statements chapter of CBSE Board (2024-25)

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

Particulars31st March, 202231st March, 2021
Revenue from Operations12,50,00010,00,000
Cost of Materials Consumed7,20,0006,00,000
Other Expenses38,00040,000

Interest on investments @ ₹ 50,000 each year.

[Ans. Profit before Tax 2021 ₹ 4,10,000; 2022 ₹ 5,42,000.]

Percentage (%) change in:

Revenue from Operations25.00
Othe Income
Total Income23.81
Cost of Materials Consumed20.00
Other Expenses(5.00)
Profit before Tax32.20

Solution:-

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