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Accountancy · 2025 · 3 marks
CBSE 2025 · Region 1 · Set 3 · Q32
From the following information of NK Ltd., prepare a common size Statement of Profit and Loss for the years ended 31st; March, 2023 and 3131; March,…
From the following information of NK Ltd., prepare a common size Statement of Profit and Loss for the years ended 31st; March, $\displaystyle 2023$ and $\displaystyle 3131$; March, $\displaystyle 2024$ : $\displaystyle 2023$-$\displaystyle 24$ $\displaystyle 2022$-$\displaystyle 23$ Particulars ($\displaystyle 5$) ($\displaystyle 5$) Revenue from operations $\displaystyle 20,00,000$ $\displaystyle 10,00,000$ Cost of materials consumed $\displaystyle 5,00,000$ $\displaystyle 3,00,000$ Employee benefit expenses $\displaystyle 2,00,000$ $\displaystyle 1,00,000$ Income Tax @ $\displaystyle 40$%
Marking-scheme solution
Common Size Statement of Profit and Loss of NK Ltd.
for the years ended 31st March, $\displaystyle 2023$ and 31st March, $\displaystyle 2024$
Absolute Amounts Percentage of
Revenue from operations
Particulars $\displaystyle 2022$-$\displaystyle 23$ $\displaystyle 2023$-$\displaystyle 24$ $\displaystyle 2022$-$\displaystyle 23$ $\displaystyle 2023$-$\displaystyle 24$
(₹) (₹) (%) (%)
Revenue from Operations $\displaystyle 10,00,000$ $\displaystyle 20,00,000$ $\displaystyle 100$ $\displaystyle 100$
Less:
Cost of materials consumed $\displaystyle 3,00,000$ $\displaystyle 5,00,000$ $\displaystyle 30$ $\displaystyle 25$
Employee benefit expenses $\displaystyle 1,00,000$ $\displaystyle 2,00,000$ $\displaystyle 10$ $\displaystyle 10$
Total Expenses $\displaystyle 4,00,000$ $\displaystyle 7,00,000$ $\displaystyle 40$ $\displaystyle 35$
Profit before tax $\displaystyle 6,00,000$ $\displaystyle 13,00,000$ $\displaystyle 60$ $\displaystyle 65$
Less Income Tax @$\displaystyle 40$% $\displaystyle 2,40,000$ $\displaystyle 5,20,000$ $\displaystyle 24$ $\displaystyle 26$
Profit after tax $\displaystyle 3,60,000$ $\displaystyle 7,80,000$ $\displaystyle 36$ $\displaystyle 39$
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CBSE Class 12 Accountancy past-paper question from the 2025 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.