List of top Accountancy Questions on Common Size Statements asked in CBSE CLASS XII

While preparing Common Size Statement of Profit and Loss of a company, each item is expressed as a percentage of ________.
From the following information of KL Ltd., prepare a Common Size Statement of Profit and Loss for the year ended 31st March, 2024:

Statement of Profit Elements

ParticularsAmount (₹)
Revenue from Operations20,00,000
Other Income5,00,000
Cost of Materials Consumed12,00,000
Employee Benefit Expenses6,00,000
Depreciation2,00,000