Question

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

Particulars	Amount (₹)
Revenue from Operations	20,00,000
Other Income	5,00,000
Cost of Materials Consumed	12,00,000
Employee Benefit Expenses	6,00,000
Depreciation	2,00,000

Hint:

Always take Revenue from Operations as base (100%) when preparing Common Size Statement of Profit and Loss.

Answer 1

Total Revenue = Revenue from Operations + Other Income = 25,00,000
Common size is calculated as (Item / Revenue from Operations) * 100
Revenue from Operations = (20,00,000 / 20,00,000) * 100 = 100%
Other Income = (5,00,000 / 20,00,000) * 100 = 25%
Cost of Materials Consumed = (12,00,000 / 20,00,000) * 100 = 60%
Employee Benefit Expenses = (6,00,000 / 20,00,000) * 100 = 30%
Depreciation = (2,00,000 / 20,00,000) * 100 = 10%