From the following information prepare a Comparative Statement of Profit and Loss of Y Ltd:

Particulars 31.3.2023 31.3.2022
Revenue from Operations
Purchase of stock in trade
Change in inventories
(% of purchase of stock in trade)
Other Expenses
Tax Rate
Rs.
Rs.

Rs.
40,00,000
24,00,000
25 %
2,00,000
40%
20,00,000
12,00,000
20%
1,60,000
40 %

Marks-4, CBSE: 2023-24/Zone-4/Set-1/Q-33b*

Answer :

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