From the following information, prepare Comparative Statement of Profit & Loss. Showing increase decrease and percentage:
| Particulars | 31st March, 2024 |
31st March, 2023 |
| Cost of Materials Consumed | 13,44,000 | 6,00,000 |
| Revenue from Operations (% of Materials Consumed) | 125% | 200% |
| Other Expenses (% of Operating Revenue) | 10% | 10% |
| Tax Rate | 50% | 50% |
Solution :
