Question

Fill in the amounts left blank in the following Common Size Statement of Profit and Loss for the year ended 31^st March, 2019.

Common-Size Statement of Profit & Loss for the year ended 31st March, 2019
	Particulars	Absolute Change		% of Revenue from operations
		2017-18	2018-19	2017-18	2018-19
		₹	₹	₹	₹
I.	Revenue from operations	20,00,000	25,00,000	______	100
II.	Other Income	1,00,000	2,50,000	______	10
III.	Total Revenue	21,00,000	27,50,000	105	110
IV.	Expenses
	(a) Cost of Material consumed	______	8,00,000	30	32
	(b) Change in Inventory	1,00,000	2,00,000	______	32
	(c) Employee Benefit Expenses	______	4,50,000	15	18
	(d) Other Expenses	______	2,25,000	10	9
	Total Expenses	12,00,000	16,75,000	______	67
V.	Profit before Tax (III-IV)	9,00,000	10,75,000	45	43
	Less: Tax	2,00,000	2,50,000	10	______
VI.	Profit after Tax	7,00,000	8,25,000	35	33

Answer 1

Common-Size Statement of Profit & Loss for the year ended 31st March, 2019
	Particulars	Absolute Change		% of Revenue from operations
		2017-18	2018-19	2017-18	2018-19
		₹	₹	₹	₹
I.	Revenue from operations	20,00,000	25,00,000	100	100
II.	Other Income	1,00,000	2,50,000	5	10
III.	Total Revenue	21,00,000	27,50,000	105	110
IV.	Expenses
	(a) Cost of Material consumed	6,00,000	8,00,000	30	32
	(b) Change in Inventory	1,00,000	2,00,000	5	32
	(c) Employee Benefit Expenses	3,00,000	4,50,000	15	18
	(d) Other Expenses	2,00,000	2,25,000	10	9
	Total Expenses	12,00,000	16,75,000	60	67
V.	Profit before Tax (III-IV)	9,00,000	10,75,000	45	43
	Less: Tax	2,00,000	2,50,000	10	10
VI.	Profit after Tax	7,00,000	8,25,000	35	33