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Accountancy · 2026 · 3 marks
CBSE 2026 · Region 4 · Set 1 · Q32
From the following information, prepare a Comparative Statement of Profit and Loss of AX Ltd. for the year ended 31st March, $\displaystyle 2025$ : Particulars $\displaystyle 2024$ $\displaystyle 25$ $\displaystyle 2023$ $\displaystyle 24$ ( ) ( ) Revenue from Operations $\displaystyle 50,00,000$ $\displaystyle 25,00,000$ Cost of Revenue from Operations $\displaystyle 15,00,000$ $\displaystyle 6,00,000$ Other Expenses $\displaystyle 5,00,000$ $\displaystyle 4,00,000$ Tax Rate $\displaystyle 50$%
Marking-scheme solution
Comparative Statement of Profit and Loss of AX Ltd.
for the years ended 31st March, $\displaystyle 2024$ and 31st March, $\displaystyle 2025$
Particulars $\displaystyle 2023$-$\displaystyle 24$ $\displaystyle 2024$-$\displaystyle 25$ Absolute %
(₹) (₹) Change Change
(₹)
Revenue from Operations $\displaystyle 25,00,000$ $\displaystyle 50,00,000$ $\displaystyle 25,00,000$ $\displaystyle 100$ $\displaystyle 1$/$\displaystyle 2$
Less Expenses:
Cost of Revenue from operations $\displaystyle 6,00,000$ $\displaystyle 15,00,000$ $\displaystyle 9,00,000$ $\displaystyle 150$ $\displaystyle 1$/$\displaystyle 2$
Other expenses $\displaystyle 4,00,000$ $\displaystyle 5,00,000$ $\displaystyle 1,00,000$ $\displaystyle 25$ $\displaystyle 1$/$\displaystyle 2$
Total expenses $\displaystyle 10,00,000$ $\displaystyle 20,00,000$ $\displaystyle 10,00,000$ $\displaystyle 100$
Profit before tax $\displaystyle 15,00,000$ $\displaystyle 30,00,000$ $\displaystyle 15,00,000$ $\displaystyle 100$ $\displaystyle 1$/$\displaystyle 2$
Less Tax @$\displaystyle 50$% $\displaystyle 7,50,000$ $\displaystyle 15,00,000$ $\displaystyle 7,50,000$ $\displaystyle 100$ $\displaystyle 1$/$\displaystyle 2$
Profit after tax $\displaystyle 7,50,000$ $\displaystyle 15,00,000$ $\displaystyle 7,50,000$ $\displaystyle 100$ $\displaystyle 1$/$\displaystyle 2$
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CBSE Class 12 Accountancy past-paper question from the 2026board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.