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प्रश्न
From the following information, prepare a Common-size Statement of Profit & Loss of QLM Ltd. for the year ended 31st March, 2023 and 31st March, 2024:
| Particulars | 2022–23 (₹) | 2023–24 (₹) |
|---|---|---|
| Revenue from Operations | 40,00,000 | 50,00,000 |
| Cost of Revenue from Operations | 20,00,000 | 25,00,000 |
| Other Expenses | 4,00,000 | 5,00,000 |
| Tax rate 50% |
खातेवही
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उत्तर
| Common-size Statement of Profit & Loss of QLM Ltd. (For the years ended 31st March, 2023 and 31st March, 2024) |
||||
|---|---|---|---|---|
| Particulars | Absolute Amount 2022–23 (₹) |
Absolute Amount 2023–24 (₹) |
Percentage of Revenue from Operations 2022–23 (%) |
Percentage of Revenue from Operations 2023–24 (%) |
| I. Revenue from Operations | 40,00,000 | 50,00,000 | 100.00% | 100.00% |
| II. Total Revenue | 40,00,000 | 50,00,000 | 100.00% | 100.00% |
| III. Less: Expenses | ||||
| (a) Cost of Revenue from Operations | 20,00,000 | 25,00,000 | 50.00% | 50.00% |
| (b) Other Expenses | 4,00,000 | 5,00,000 | 10.00% | 10.00% |
| Total Expenses (III) | 24,00,000 | 30,00,000 | 60.00% | 60.00% |
| IV. Profit before Tax (II - III) | 16,00,000 | 20,00,000 | 40.00% | 40.00% |
| V. Less: Tax @ 50% | 8,00,000 | 10,00,000 | 20.00% | 20.00% |
| VI. Profit after Tax (IV - V) | 8,00,000 | 10,00,000 | 20.00% | 20.00% |
Working Notes:
Base value = Revenue from Operations (100%)
$$\text{Percentage of an item} = \frac{\text{Amount of Item}}{\text{Revenue from Operations}} \times 100$$
Cost of Revenue from Operations for 2022–23: $\frac{20,00,000}{40,00,000} \times 100 = 50.00\%$
Other Expenses for 2023–24: $\frac{5,00,000}{50,00,000} \times 100 = 10.00\%$
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