Please help me with the question below
REGARDS
Solution
Common statement of Profit & Loss :
Common statement of Profit & Loss :
| Particulars | 2021-22 | 2020-21 | % of 2021- 22 | % of 2020-21 |
| Revenue from Operations | 30,00,000 | 25,00,000 | 100.00 | 100.00 |
| 30,00,000 | 25,00,000 | 100.00 | 100.00 | |
| Expenses | ||||
| Employee Benefit Expenses | 15,00,000 | 9,00,000 | 50.00 | 36.00 |
| Other Expenses | 11,00,000 | 350,000 | 36.67 | 14.00 |
| Total Expenses | 26,00,000 | 12,50,000 | 86.67 | 50.00 |
| Net Profit before Tax | 4,00,000 | 12,50,000 | 13.34 | 50.00 |
| Less : Tax paid @ 40% | 1,60,000 | 500,000 | 5.34 | 20.00 |
| Profit after tax | 240,000 | 750,000 | 8.00 | 30.00 |