# Question 22 Chapter 2 of +2-B – USHA Publication 12 Class

Q-22- CH-2 Book 2 - Usha Pub. +2 Book 2020 - Solution

Question 22 Chapter 2 of +2-B

22. From the following statement of Profit and Loss, Prepare a common size statement of Profit and Loss of Jyanti Limited for the period ended 31-3-2016.

 Particular ₹ Income Revenue from Operation 25,38,000 Other Income 38,000 25,76,000 Expenses Cost of Material Consumed 14,00,000 Other Expense 5,00,000 19,00,000 Tax 3,38,000

## The solution of Question 22 Chapter 2 of +2-B: –

 common size statement of Profit and Loss of Jyanti Limited Particulars Note no. 31st March,2016(B)(4) PercentageChange (Increase/Decrease) I. Income Revenue from Operation 25,38,000 100.00% Other Income 38,000 1.50% Total Revenue 25,76,000 101.50% II. Expenses Depreciation 14,00,000 55.16% Finance Cost 5,00,000 19.70% Total Expenses 19,00,000 74.86% III. Net Profit Before Tax (I-II) 6,76,000 26.64% Less: Tax @50% 3,38,000 13.32% IV. Net Profit After Tax 3,38,000 13.32%

Balance Sheet: Meaning, Format & Examples

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