Prepare a Comparative Statement of Profit from the following information Revenue from Operations ₹ 15,00,000
Prepare a Comparative Statement of Profit from the following information:
| Particulars | 31.03.2022 | 31.03.2021 |
| Revenue from Operations | 15,00,000 | 12,00,000 |
| Purchase of Stock-in-Trade | 10,00,000 | 7,00,000 |
| Change in Inventories | 1,50,000 | 1,00,000 |
| Other Expenses | 8% of Revenue from Operations | 10% of Revenue from Operations |
[Ans. Profit after Tax 2021 ₹ 2,80,000; 2022 ₹ 2,30,000.]
Percentage (%) change in:
| Revenue from Operations | 25.00 |
| Purchase of Stock-in-Trade | 42.86 |
| Change in Inventories | 50.00 |
| Other Expenses | – |
| Total Expenses | 38.04 |
| Profit before Tax | (17.86) |
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