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Accountancy · 2026 · 3 marks
CBSE 2026 · Region 4 · Set 2 · Q32
From the following information, prepare a Common Size Statement of Profit and Loss of AG Ltd. for the year ended 31st March, 2025:
From the following information, prepare a Common Size Statement of Profit and Loss of AG Ltd. for the year ended 31st March, $\displaystyle 2025$ :
| Particulars | $\displaystyle 2024$ – $\displaystyle 25$ (₹) | $\displaystyle 2023$ – $\displaystyle 24$ (₹) |
| Revenue from Operations | $\displaystyle 25,00,000$ | $\displaystyle 20,00,000$ |
| Other Income | $\displaystyle 1,00,000$ | $\displaystyle 1,00,000$ |
| Cost of Materials Consumed | $\displaystyle 17,00,000$ | $\displaystyle 14,00,000$ |
| Other Expenses | $\displaystyle 3,00,000$ | $\displaystyle 3,00,000$ |
| Tax Rate $\displaystyle 50$% |
Marking-scheme solution
Common size Statement of Profit and Loss of AG Ltd.
for the years ended 31st March, $\displaystyle 2025$
Particulars Absolute Amount Percentage of Net
(₹) Revenue from
Operations (%)
$\displaystyle 2024$-$\displaystyle 25$ $\displaystyle 2024$-$\displaystyle 25$
Revenue from Operations $\displaystyle 25,00,000$ $\displaystyle 100$
Other Income $\displaystyle 1,00,000$ $\displaystyle 4$
Total Revenue $\displaystyle 26,00,000$ $\displaystyle 104$
Less Expenses:
Cost of material consumes $\displaystyle 17,00,000$ $\displaystyle 68$
Other expenses $\displaystyle 3,00,000$ $\displaystyle 12$
Total expenses $\displaystyle 20,00,000$ $\displaystyle 80$
Profit before tax $\displaystyle 6,00,000$ $\displaystyle 24$
Less Tax @$\displaystyle 50$% $\displaystyle 3,00,000$ $\displaystyle 12$
Profit after tax $\displaystyle 3,00,000$ $\displaystyle 12$
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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.