From the information extracted from the Statement of Profit and Loss prepare a Comparative Statement of Profit and Loss for the year ended 31st March,2021:

Particulars 2020-21
Revenue from Operations 7,20,000 4,00,000
Expenses 5,00,000 2,00,000
Tax Rate @ 50%

Marks-3, CBSE:2021-22/Term-2/Zone-5/Set-1/Q-11*

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