SolveIt is under development
SolveItNCERT · CBSE · NEET
Question 16 / 102 · latest first
✓ Board-verified
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, 2025:

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 $\displaystyle 50$%
ShareWhatsAppTelegram

More from Analysis of Financial Statements

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.