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Accountancy · 2026 · 3 marks
CBSE 2026 · Region 2 · Set 3 · Q32
From the following information of CK Ltd,, prepare a Common Size Statement of Profit and Loss for the year ended 31st March, 2024 and 31st March,…
From the following information of CK Ltd,, prepare a Common Size Statement of Profit and Loss for the year ended 31st March, $\displaystyle 2024$ and 31st March, 2025. Particulars Note No. $\displaystyle 2024$-$\displaystyle 25$ R) $\displaystyle 2023$-$\displaystyle 24$ ct) Revenue from operations $\displaystyle 80,00,000$ $\displaystyle 40,00,000$ Cost of materlals consumed $\displaystyle 24,00,000$ $\displaystyle 16,00,000$ Employee benefit expenses $\displaystyle 4,00,000$ $\displaystyle 2,00,000$ Income tax @ $\displaystyle 20$%
Marking-scheme solution
Common Size Statement of Profit and Loss of CK Ltd.
for the years ended 31st March, $\displaystyle 2024$ and 31st March, $\displaystyle 2025$
Absolute Amounts Percentage of
Revenue from operations
Particulars $\displaystyle 2023$-$\displaystyle 24$ $\displaystyle 2024$-$\displaystyle 25$ $\displaystyle 2023$-$\displaystyle 24$ $\displaystyle 2024$-$\displaystyle 25$
(₹) (₹) (%) (%)
Revenue from operations $\displaystyle 40,00,000$ $\displaystyle 80,00,000$ $\displaystyle 100$ $\displaystyle 100$
Less Expenses:
Cost of materials consumed $\displaystyle 16,00,000$ $\displaystyle 24,00,000$ $\displaystyle 40$ $\displaystyle 30$
Employee benefit expenses $\displaystyle 2,00,000$ $\displaystyle 4,00,000$ $\displaystyle 5$ $\displaystyle 5$
Total expenses $\displaystyle 18,00,000$ $\displaystyle 28,00,000$ $\displaystyle 45$ $\displaystyle 35$
Profit before tax $\displaystyle 22,00,000$ $\displaystyle 52,00,000$ $\displaystyle 55$ $\displaystyle 65$
Less: Income Tax @$\displaystyle 20$% $\displaystyle 4,40,000$ $\displaystyle 10,40,000$ $\displaystyle 11$ $\displaystyle 13$
Profit after tax $\displaystyle 17,60,000$ $\displaystyle 41,60,000$ $\displaystyle 44$ $\displaystyle 52$
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CBSE Class 12 Accountancy past-paper question from the 2026 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.