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Accountancy · 2025 · 3 marks
CBSE 2025 · Region 4 · Set 2 · Q32
From the following information, prepare a Common Size Statement of Profit and Loss of Betanik Ltd. for the year ended 31st March, 2024. $\displaystyle 2023$-$\displaystyle 24$ $\displaystyle 2022$-$\displaystyle 23$ Particulars ( ) $\displaystyle 2$ ( ) $\displaystyle 2$ Revenue from Operations $\displaystyle 80,00,000$ $\displaystyle 40,00,000$ Purchase of Stock in Trade $\displaystyle 8,00,000$ $\displaystyle 4,00,000$ Other Expenses $\displaystyle 80,000$ $\displaystyle 40,000$ Tax rate $\displaystyle 50$%
Marking-scheme solution
In the books of Betanik Ltd.
Common Size Statement of Profit and Loss
31st
for the year ended March $\displaystyle 2024$
Particulars Absolute Amounts % of Revenue
$\displaystyle 31.3.2024$ from Operations
` $\displaystyle 31.3.2024$
I. INCOME
Revenue from Operations $\displaystyle 80,00,000$ $\displaystyle 100$ (½)
TOTAL REVENUE $\displaystyle 80,00,000$ $\displaystyle 100$
II. EXPENSES
Purchase of Stock in Trade $\displaystyle 8,00,000$ $\displaystyle 10$ (½)
Other Expenses $\displaystyle 80,000$ $\displaystyle 1$ (½)
TOTAL EXPENSES $\displaystyle 8,80,000$ $\displaystyle 11$
III. Profit Before Tax (I-II) $\displaystyle 71,20,000$ $\displaystyle 89$ (½)
IV. Tax $\displaystyle 35,60,000$ $\displaystyle 44.5$ (½)
V. Profit After Tax $\displaystyle 35,60,000$ $\displaystyle 44.5$ (½)
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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.