Question 27 Chapter 2 of +2-B

Question 27 Chapter 2 of +2-B

Trend Percentage

27. Convert the following Comparative Income Statement into Trend Percentage Statement.

Deepak Industries Ltd.
Income Statement for the year ending 31st March
Revenue from Operation2,00,0001,75,0001,50,000
Purchase of Stock1,00,00090,00085,000
Gross Profit1,00,00085,00065,000
Employees Benefit Expenses75,00065,00050,000
Net Profit before Tax25,00020,00015,000
Income tax12,00010,0008,000
Net profit after tax13,00010,0007,000


The solution of Question 27 Chapter 2 of +2-B: – 


Trend Percentage Base Year 2012 = 100

Percentage of
Revenue from Operation100%88%75%
Purchase of Stock100%90%85%
Gross Profit100%85%65%
Employees Benefit Expenses100%87%67%
Net Profit before Tax100%80%60%
Income tax100%83%67%
Net profit after tax100%77%54%


To understand more about Balance Sheet please check out following links:

Balance Sheet: Meaning, Format & Examples

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Also, Check out the solved question of previous Chapters: –

Usha Publication – Accountancy PSEB (Class 12) – Volume I – Solution

Usha Publication – Accountancy PSEB (Class 12) – Volume II – Solution

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2 Book 3 min 225x300 - Question 27 Chapter 2 of +2-B  - USHA Publication  12 Class
T.S. Grewal’s Analysis of Financial Statements

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