Calculate present and future P/V ratio and also state how much units to be sold in order to earn the existing profits from the following data:
Fixed overhead 2000 p.a.
Variable Overhead 30 p.u.
Sales 1000 units pm @ 40 p.u
Management desires to reduce sale price by 10%
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Answer:
Solution−
Let assume that
Speed of the train be x km per hour
Speed of the car be y km per hour
Case :- 1
A man travels 600km apart by train and partly by car. It takes 8 hours and 40 minutes if he travels 320 km by train and rest by car.
Distance travelled by train = 320 km
So,
Distance travelled by car = 600 - 320 = 280 km
Time taken = 8 hr 40 min
So,
\begin{gathered}\rm \: \dfrac{320}{x} + \dfrac{280}{y} = 8\dfrac{40}{60} \\ \end{gathered}
x
320
+
y
280
=8
60
40
\begin{gathered}\rm \: \dfrac{320}{x} + \dfrac{280}{y} = 8\dfrac{2}{3} \\ \end{gathered}
x
320
+
y
280
=8
3
2
\begin{gathered}\rm \: \dfrac{320}{x} + \dfrac{280}{y} = \dfrac{26}{3} - - - (1) \\ \end{gathered}
x
320
+
y
280
=
3
26
−−−(1)
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