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Accountancy · 2025 · 3 marks

CBSE 2025 · Region 6 · Set 3 · Q32

Prepare a Common Size Statement of profit and loss of Laveena Ltd. for the year ended 31st March, 2023 and 31st March, 2024 from the following…

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 :
Particulars$\displaystyle 2023$ – $\displaystyle 24$ (₹)$\displaystyle 2022$ – $\displaystyle 23$ (₹)
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 $\displaystyle 50$%
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