On the basis of the following profit and loss statement of Aradhana Ltd. prepare common size profit-loss statements.
| Particulars |
Note No. |
31-3-2019
(₹) |
31-3-2018
(₹) |
| (I) Sales revenue |
|
60,00,000 |
48,00,000 |
| (II) Expenses : |
|
|
|
| (i) Purchase for resale |
|
33,00,000 |
24,00,000 |
| (ii) Employees benefit expenses |
|
4,00,000 |
4,80,000 |
| (iii) Financial cost |
|
3,60,000 |
2,88,000 |
| (iv) Depreciation and amortized amount |
|
4,80,000 |
4,32,000 |
| Total expenses |
|
45,40,000 |
36,00,000 |
| (III) Profit before tax |
|
14,60,000 |
12,00,000 |
| (IV) Less: income (30%) |
|
4,38,000 |
3,60,000 |
| (V) Profit after tax |
|
10,22,000 |
8,40,000 |
