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CUET Accountancy 2026 PYQs21 May Shift 2. Free, no login required.

Financial Statements

past year questions, CUET Accountancy 2026 21 May Shift 2

Analysis

past year questions, Financial Statements, CUET Accountancy 2026 21 May Shift 2

Medium

Financial Statements

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

Particulars2024-252025-26
Profit before tax7,50,00015,60,000
Income Tax30%40%

Solution

✅ Correct Option: 1

PAT 2024-25 =7,50,000×70%=5,25,000= 7,50,000 \times 70\% = 5,25,000. PAT 2025-26 =15,60,000×60%=9,36,000= 15,60,000 \times 60\% = 9,36,000. Increase =4,11,000= 4,11,000. Percentage change =4,11,000/5,25,000×100≈78.28%= 4,11,000/5,25,000 \times 100 \approx 78.28\%.

Related questions:

2025: 14 May Shift 1

Match List-I with List-II

List-IList-II
(A) Comparative Statements(I) It describes the significant relationship which exists between various items of a balance sheet and a statement of profit and loss of a firm.
(B) Common Size Statements(II) It is a technique of studying the operational results and financial position over a series of years.
(C) Trend Analysis(III) These are the statements which indicate the relationship of different items of a financial statement with a common item by expressing each item as a percentage of that common item.
(D) Ratio Analysis(IV) These are the statements showing the profitability and financial position of a firm for different periods of time.

Choose the correct answer from the options given below:

2026: 24 May Shift 1

Match List-I with List-II

List-IList-II
(A) These are the statements showing the profitability and financial position of a firm for different periods of time in a comparative form to give an idea about the position of two or more periods.(I) Common Size Statements
(B) It summarises the causes for the changes in cash position of a business enterprise between dates of two balance sheets.(II) Comparative Statements
(C) These are the statements which indicate the relationship of different items of a financial statement with a common item by expressing each item as a percentage of that common item.(III) Ratio Analysis
(D) It describes the significant relationship which exists between various items of a balance sheet and a statement of profit and loss of a firm.(IV) Cash Flow Analysis

Choose the correct answer from the options given below:

2025: 16 May Shift 1

Match List-I with List-II

List-IList-II
(A) Statements which indicate the relationship of different items of a financial statement with a common item by expressing each item as a percentage of that common item(I) Trend Analysis
(B) Technique of studying the operational results and financial position over a series of years.(II) Comparative Statements
(C) Statements showing the profitability and financial position of a firm for different periods of time in a comparative form to give an idea about the position of two or more periods(III) Ratio Analysis
(D) Describes the significant relationship which exists between various items of a balance sheet and a statement of profit and loss of a firm(IV) Common-Size Statements

Choose the correct answer from the options given below:

2025: 24 May Shift 1

Arrange the following outcomes in the correct order for calculating profit and loss in the common-size statement

(A) Net Profit

(B) Non-Operating Income

(C) Revenue from Operations

(D) Profit after tax

Choose the correct answer from the options given below:

2025: 14 May Shift 1

Financial analysis is useful and important to different users. Which of the following is not the user of Financial analysis:

2025: 22 May Shift 1

Analysis simply means __________ data.

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