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Accountancy · 2026 · 3 marks
CBSE 2026 · Region 3 · Set 3 · Q32
From the following information of Kumar Ltd. prepare a Comparative Statement of Profit and Loss for the years ended 31st March, 2024 and 2025: Note…
From the following information of Kumar Ltd. prepare a Comparative Statement of Profit and Loss for the years ended 31st March, $\displaystyle 2024$ and $\displaystyle 2025$ : Note Particulars $\displaystyle 2024$- $\displaystyle 25$ $\displaystyle 2023$ - $\displaystyle 24$ No. Revenue from operations ₹ $\displaystyle 60,00,000$ ₹ $\displaystyle 40,00,000$ Cost of revenue from $\displaystyle 50$% of revenue $\displaystyle 50$% of revenue operations from operations from operations Other Expenses ₹ $\displaystyle 15,00,000$ ₹ $\displaystyle 10,00,000$ Tax Rate $\displaystyle 50$% $\displaystyle 50$%
Marking-scheme solution
Comparative Statement of Profit & Loss of Kumar Ltd.
for the years ended 31st March $\displaystyle 2024$ and $\displaystyle 2025$
Particulars $\displaystyle 2023$-$\displaystyle 24$ $\displaystyle 2024$-$\displaystyle 25$ Absolute Change Percentage
₹ ₹ ₹ Change
Revenue from
Operations $\displaystyle 40,00,000$ $\displaystyle 60,00,000$ $\displaystyle 20,00,000$ $\displaystyle 50$
Less: Expenses
Cost of Revenue
from Operations $\displaystyle 20,00,000$ $\displaystyle 30,00,000$ $\displaystyle 10,00,000$ $\displaystyle 50$
Other Expenses $\displaystyle 10,00,000$ $\displaystyle 15,00,000$ $\displaystyle 5,00,000$ $\displaystyle 50$
Total Expenses $\displaystyle 30,00,000$ $\displaystyle 45,00,000$ $\displaystyle 15,00,000$ $\displaystyle 50$
Profit Before Tax $\displaystyle 10,00,000$ $\displaystyle 15,00,000$ $\displaystyle 5,00,000$ $\displaystyle 50$
Less Tax @ $\displaystyle 50$% $\displaystyle 5,00,000$ $\displaystyle 7,50,000$ $\displaystyle 2,50,000$ $\displaystyle 50$
Profit After Tax $\displaystyle 5,00,000$ $\displaystyle 7,50,000$ $\displaystyle 2,50,000$ $\displaystyle 50$
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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.