from the following information prepare a comparitive statement of profit and loss
| PARTICULARS | 31-3-2011 | 31-3-2012 |
| REVENUE FROM OPERATIONS | 4,00,000 | 5,00,000 |
| EXPENSES | 2,40,000 | 4,00,000 |
| OTHER INCOMES | 20,000 | 30,000 |
| INCOME TAX | 60,000 | 70,000 |
Comparative Statement of Profit and Loss | ||||
Particulars | 2010-11 | 2011-12 | Absolute Change (Rs) | Percentage Change (%) |
I. Revenue from operations | 4,00,000 | 5,00,000 | 1,00,000 | 25 |
II. Other Incomes | 20,000 | 30,000 | 10,000 | 50 |
Total Revenue (I + II) | 4,20,000 | 5,30,000 | 1,10,000 | 26.19 |
Less: Expenses | 2,40,000 | 4,00,000 | 1,60,000 | 66.67 |
Profit Before Tax | 1,80,000 | 1,30,000 | (50,000) | (27.78) |
Less: Provision for Tax | 60,000 | 70,000 | 10,000 | 16.67 |
Profit After Tax | 1,20,000 | 60,000 | (60,000) | (50) |
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