Prepare a comparative Statement of Profit and Loss from the following:

Particulars 31st March, 2019
31st March, 2020
Revenue from Operations 20,00,000 25,00,000
Cost of Material Consumed 10,00,000 13,00,000
Other Expenses Nil 1,20,000
Tax rate 50% 50%

Marks-4, CBSE:2020-21/Sample/Q-31*

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