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Accountancy · 2026 · 3 marks
CBSE 2026 · Region 4 · Set 3 · Q32
From the following information, prepare a Comparative Statement of Profit and Loss of YX Ltd. for the year ended 31st March, $\displaystyle 2025$ : $\displaystyle 2024$ $\displaystyle 25$ $\displaystyle 2023$ $\displaystyle 24$ Particulars ( ) ( ) Revenue from Operations $\displaystyle 30,00,000$ $\displaystyle 20,00,000$ Other Income (% of Revenue from $\displaystyle 60$% $\displaystyle 50$% Operations) Employee Benefit Expenses $\displaystyle 12,00,000$ $\displaystyle 6,00,000$ Tax Rate $\displaystyle 40$%
Marking-scheme solution
Comparative Statement of Profit and Loss of YX 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 $\displaystyle 20,00,000$ $\displaystyle 30,00,000$ $\displaystyle 10,00,000$ $\displaystyle 50$ $\displaystyle 1$/$\displaystyle 2$
Other Income $\displaystyle 10,00,000$ $\displaystyle 18,00,000$ $\displaystyle 8,00,000$ $\displaystyle 80$ $\displaystyle 1$/$\displaystyle 2$
Total Revenue $\displaystyle 30,00,000$ $\displaystyle 48,00,000$ $\displaystyle 18,00,000$ $\displaystyle 60$
Less: Expenses
Employee Benefit Expenses $\displaystyle 6,00,000$ $\displaystyle 12,00,000$ $\displaystyle 6,00,000$ $\displaystyle 100$
Total expenses $\displaystyle 6,00,000$ $\displaystyle 12,00,000$ $\displaystyle 6,00,000$ $\displaystyle 100$
Profit before tax $\displaystyle 24,00,000$ $\displaystyle 36,00,000$ $\displaystyle 12,00,000$ $\displaystyle 50$ $\displaystyle 1$/$\displaystyle 2$
Less Tax @$\displaystyle 40$% $\displaystyle 9,60,000$ $\displaystyle 14,40,000$ $\displaystyle 4,80,000$ $\displaystyle 50$
Profit after tax $\displaystyle 14,40,000$ $\displaystyle 21,60,000$ $\displaystyle 7,20,000$ $\displaystyle 50$
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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.