Prepare 'Common size statement of Profit and Loss' from the following information for the year ended March $\displaystyle 31$*t March, $\displaystyle 2021$ : Particulars $\displaystyle 2020$-$\displaystyle 21$ $\displaystyle 2019$-$\displaystyle 20$ $\displaystyle 1$ $\displaystyle 2$ Revenue from Operations $\displaystyle 16,00,000$ $\displaystyle 8,00,000$ Expenses $\displaystyle 4,00,000$ $\displaystyle 1,60,000$ Tax Rate $\displaystyle 50$%

OR

From the following information of Nirma Ltd. for the year ended $\displaystyle 31$ St March, $\displaystyle 2021$, Prepare a Comparative Statement of Profit and Loss. Particulars $\displaystyle 2020$-$\displaystyle 21$ $\displaystyle 2019$-$\displaystyle 20$ z $\displaystyle 2$ Revenue from Operations $\displaystyle 20,00,000$ $\displaystyle 16,00,000$ Expenses $\displaystyle 11,00,000$ $\displaystyle 10,00,000$ Tax Rate $\displaystyle 30$%

Common Size Statement of Profit and Loss for the year ended March $\displaystyle 31$, $\displaystyle 2021$ Particulars Absolute Absolute % of % of Amounts Amounts Revenue Revenue from from 31st 31st Operations Operation March, March, $\displaystyle 2020$ $\displaystyle 2021$ 31st 31st (₹) (₹) March, March, $\displaystyle 2021$ $\displaystyle 2020$ Revenue from Operations $\displaystyle 8,00,000$ $\displaystyle 16,00,000$ $\displaystyle 100$ $\displaystyle 100$ Less : Expenses $\displaystyle 1,60,000$ $\displaystyle 4,00,000$ $\displaystyle 20$ $\displaystyle 25$ Profit before Tax $\displaystyle 6,40,000$ $\displaystyle 12,00,000$ $\displaystyle 80$ $\displaystyle 75$ Less : Tax @ $\displaystyle 50$% $\displaystyle 3,20,000$ $\displaystyle 6,00,000$ $\displaystyle 40$ $\displaystyle 37$·$\displaystyle 5$ Profit after Tax $\displaystyle 3,20,000$ $\displaystyle 6,00,000$ $\displaystyle 40$ $\displaystyle 37$·$\displaystyle 5$ Q. From the following information of Nirma Ltd…. Ans Comparative Statement of Profit and Loss for the year ending March $\displaystyle 31$, $\displaystyle 2020$ and $\displaystyle 2021$ Particulars Note $\displaystyle 31.03.2020$ $\displaystyle 31.03.2021$ Absolute % No (₹) (₹) Change Change Revenue from Operations $\displaystyle 16,00,000$ $\displaystyle 20,00,000$ $\displaystyle 4,00,000$ $\displaystyle 25$ Less : Expenses $\displaystyle 10,00,000$ $\displaystyle 11,00,000$ $\displaystyle 1,00,000$ $\displaystyle 10$ Profit before Tax $\displaystyle 6,00,000$ $\displaystyle 9,00,000$ $\displaystyle 3,00,000$ $\displaystyle 50$ Less : Tax @ $\displaystyle 30$% $\displaystyle 1,80,000$ $\displaystyle 2,70,000$ $\displaystyle 90,000$ $\displaystyle 50$ Profit after Tax $\displaystyle 4,20,000$ $\displaystyle 6,30,000$ $\displaystyle 2,10,000$ $\displaystyle 50$