Based on the information provided below, compute and answer Comparative Balance Sheet of Amrit Limited as at March 31, 2023 and March 31, 2024 (Rs. in Lakhs), Particulars, March 31, 2023, March 31, 2024, Absolute Increase (+) or Decrease (–), Percentage Increase (+) or Decrease (–), I. Equity and Liabilities, Shareholders’ Funds, Share capital, 15, 20, 5, ……, Reserves and surplus, 14, ……, (1), (7.14), Non-current liabilities, Long-term borrowings, ……, 19, 3, 18.75, Current liabilities, Trade payables, 2, 3, 1, 50, Total, 47, 55, 8, 17.02, II. Assets, Non-current assets, Fixed assets, Tangible assets, 15, ……, 5, 33.33, Intangible assets, 16, 19, 3, 18.75, Current assets, Inventories, 14, 13, (1), (7.14), Cash and Cash Equivalents, 2, 3, 1, ……, Total, 47, 55, 8, 17.02 What is the percentage change in share capital Option 1: 30% Option 2: 33.33% Option 3: 40% Option 4: 25%

Answer: 33.33%. Solution: Given: Share Capital (2023) = 15 Share Capital (2024) = 20 Calculation: Increase = 20 − 15 = 5 Percentage Change = (Increase ÷ Original Value) × 100 Percentage Change = (5 ÷ 15) × 100 Percentage Change = 33.33%

Financial Statements

Analysis

Easy

Based on the information provided below, compute and answer

Comparative Balance Sheet of Amrit Limited

as at March 31, 2023 and March 31, 2024

(Rs. in Lakhs)

Particulars	March 31, 2023	March 31, 2024	Absolute Increase (+) or Decrease (–)	Percentage Increase (+) or Decrease (–)
I. Equity and Liabilities
Shareholders’ Funds
Share capital	15	20	5	……
Reserves and surplus	14	……	(1)	(7.14)
Non-current liabilities
Long-term borrowings	……	19	3	18.75
Current liabilities
Trade payables	2	3	1	50
Total	47	55	8	17.02
II. Assets
Non-current assets
Fixed assets
Tangible assets	15	……	5	33.33
Intangible assets	16	19	3	18.75
Current assets
Inventories	14	13	(1)	(7.14)
Cash and Cash Equivalents	2	3	1	……
Total	47	55	8	17.02

What is the percentage change in share capital

30%

33.33%

40%

25%

✅ Correct Option: 2

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Which financial analysis is also known as 'horizontal analysis'?

2025: 22 May Shift 1

Analysis simply means __________ data.

2025: 3 June Shift 2

Which market conditions enable firms to earn higher profits?

2025: 14 May Shift 2

Which of the following is not the tool for analysis of Financial Statements-

2026: 31 May Shift 1

Common Size Statement is also referred as:

2026: 21 May Shift 2

From the following information, ascertain the percentage change in profit after tax

Particulars	2024-25	2025-26
Profit before tax	7,50,000	15,60,000
Income Tax	30%	40%

What is the percentage change in share capital

Solution

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