Prepare a Common Size Statement of profit and loss of Laveena Ltd. for the year ended 31st March, $\displaystyle 2023$ and 31st March, $\displaystyle 2024$ from the following information : $\displaystyle 2023$ $\displaystyle 24$ $\displaystyle 2022$ $\displaystyle 23$ Particulars ( ) ( ) 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 $\displaystyle 50$%

Common Size Statement of Profit and Loss of Laveena Ltd. for the years ended $\displaystyle 31$ March $\displaystyle 2023$ and $\displaystyle 2024$ Particulars Note Absolute Amounts(₹) Percentage of No. Revenue from Operations(%) $\displaystyle 2022$-$\displaystyle 23$ $\displaystyle 2023$-$\displaystyle 24$ $\displaystyle 2022$-$\displaystyle 23$ $\displaystyle 2023$-$\displaystyle 24$ Revenue from Operations $\displaystyle 40,00,000$ $\displaystyle 80,00,000$ $\displaystyle 100$ $\displaystyle 100$ Less:Expenses: Purchase of Stock in Trade $\displaystyle 4,00,000$ $\displaystyle 8,00,000$ $\displaystyle 10$ $\displaystyle 10$ Other Expenses $\displaystyle 40,000$ $\displaystyle 80,000$ $\displaystyle 1$ $\displaystyle 1$ Total Expenses $\displaystyle 4,40,000$ $\displaystyle 8,80,000$ $\displaystyle 11$ $\displaystyle 11$ Profit before Tax $\displaystyle 35,60,000$ $\displaystyle 71,20,000$ $\displaystyle 89$ $\displaystyle 89$ Less: Tax @$\displaystyle 50$% $\displaystyle 17,80,000$ $\displaystyle 35,60,000$ $\displaystyle 44.5$ $\displaystyle 44.5$ Profit after Tax $\displaystyle 17,80,000$ $\displaystyle 35,60,000$ $\displaystyle 44.5$ $\displaystyle 44.5$