From the following information, prepare a Comparative Statement of Profit and Loss of Smart Ltd.
| Particulars | 2023-24 (₹) | 2022-23 (₹) |
|---|---|---|
| Revenue from operations | 24,00,000 | 20,00,000 |
| Cost of materials consumed | 6,00,000 | 4,00,000 |
| Employee benefit expenses | 4,00,000 | 2,00,000 |
| Tax Rate 50% |
Marks-3, CBSE: 2024-25/Zone-2/Set-1/Q-32
Answer :