Question

In two consecutive periods sales and
profit were Rs. 1 60000 and Rs. 8000
respectively in the first period and Rs.
1 80000 and Rs. 14000 respectively
during the second period. If there is
no change in fixed cost between the
two periods then P.V. Ratio must be​

Answer 1

Answer:

the same thing to say that you have

Answer 2

Step-by-step explanation:

•sale of 1st period= 160000

•sale of 2nd period= 180000

•change in sale= (180000-160000=20000)

•profit of 1st period= 8000

•profit of 2nd period= 14000

•change in profit= (14000-8000=6000)

p/v ratio= change in profit/ change in sale * 100

p/v ratio= 6000/20000*100

p/v ratio= 30%

hope this will help you.