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प्रश्न
From the following Statement of profit and loss of Fenox Ltd, for the year ended 31st March 2013; prepare a comparative statement of Profit and Loss:
| Particulars |
2012-13 Rs |
2011-12 Rs |
| Revenue from operation | 8,00,000 | 6,00,000 |
| Other Income | 1,00,000 | 50,000 |
| Expenses | 5,00,000 | 4,00,000 |
A rate of Income-tax was 40%.
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उत्तर
| Comparative Income Statement For the years ended 31st March 2012 & 2013 |
||||
| Particulars |
2012-13 Rs |
2011-12 Rs |
Absolute Change Rs |
Percentage Change % |
| i. Revenue from operations | 8,00,000 | 6,00,000 | 2,00,000 | 33.33 |
| ii. Other Income | 1,00,000 | 50,000 | 50,000 | 100 |
| iii. Total Revenue (I+II) | 9,00,000 | 6,50,000 | 2,50,000 | 38.46 |
| iv. Expense | 5,00,000 | 4,00,000 | 1,00,000 | 25 |
| Profit before Income Tax(III-IV) | 4,00,000 | 2,50,000 | 1,50,000 | 60 |
| Less: Income Tax | 1,60,000 | 1,00,000 | 60,000 | 60 |
| Profit after Income Tax | 2,40,000 | 1,50,000 | 90,000 | 60 |
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