From the following information of CN Ltd., prepare a common size Statement of Profit and Loss for the years ended 31st March, 2023 and 31st March, 2024:
| Particulars | 2023-24 (₹) |
2022-23 (₹) |
|---|---|---|
| Revenue from operations | 40,00,000 | 20,00,000 |
| Purchase of stock-in-trade | 8,00,000 | 4,00,000 |
| Other expenses | 4,00,000 | 2,00,000 |
| Tax @ 50% |
Marks-3, CBSE: 2024-25/Zone-1/Set-1/Q-32
Answer :
