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Accountancy · 2025 · 3 marks
CBSE 2025 · Region 6 · Set 2 · Q32
From the following information of Jamna Ltd. prepare a Comparative Statement of Profit and Loss for the year ended 31st March, 2024. $\displaystyle 2022$ $\displaystyle 23$ $\displaystyle 2023$ $\displaystyle 24$ Particulars ( ) ( ) Revenue from operations $\displaystyle 16,00,000$ $\displaystyle 20,00,000$ Cost of revenue from operations $\displaystyle 8,00,000$ $\displaystyle 10,00,000$ Other expenses $\displaystyle 2,00,000$ $\displaystyle 4,00,000$ Tax Rate $\displaystyle 40$%
Marking-scheme solution
Comparative Statement of Profit and Loss of Jamna Ltd.
for the years ended $\displaystyle 31$ March $\displaystyle 2023$ and $\displaystyle 2024$
Particulars Note $\displaystyle 2022$-$\displaystyle 23$ $\displaystyle 2023$-$\displaystyle 24$ Absolute Percentage
No. (₹) (₹) change(₹) change(%)
Revenue from
Operations $\displaystyle 16,00,000$ $\displaystyle 20,00,000$ $\displaystyle 4,00,000$ $\displaystyle 25$
Less:
Cost of Revenue from
Operations $\displaystyle 8,00,000$ $\displaystyle 10,00,000$ $\displaystyle 2,00,000$ $\displaystyle 25$
Other Expenses $\displaystyle 2,00,000$ $\displaystyle 4,00,000$ $\displaystyle 2,00,000$ $\displaystyle 100$
Total Expenses $\displaystyle 10,00,000$ $\displaystyle 14,00,000$ $\displaystyle 4,00,000$ $\displaystyle 40$
Profit before Tax $\displaystyle 6,00,000$ $\displaystyle 6,00,000$ NIL NIL
Less: Tax@$\displaystyle 40$% $\displaystyle 2,40,000$ $\displaystyle 2,40,000$ NIL NIL
Profit after Tax $\displaystyle 3,60,000$ $\displaystyle 3,60,000$ NIL NIL
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CBSE Class 12 Accountancy past-paper question from the 2025board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.