c. From the information extracted from the Statement of profit and loss for the
year ended 31" March, 2017 and 31" March 2018. Prepare a comparative
Statement od Profit and Loss
Revenue Prone Operation
2017-18
300% of Cost of Materials
consumed
RS 2,40,000
200% af Cost of Materials
Consumed
2,00,000
Cost of Material
Consumed
Other Expenses
20% of Cost of material
consumed
50%
10% of Cost of material
consumed
Tax Rate
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Answer:
50 % - 20% + 10% ×60% -2200%
50% - 20% = 30%
30% + 10% = 40 %
40% × 60% = 2400%
2400%-2200%
Answer= 200 %
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