Question

P/V Ratio is 60% and the marginal cost of the product is rs.50.what will be the selling price?​

Answer 1

Answer:

125

Explanation:

note: the answer is for the ques where variable cost is 50rs

PV ratio is 60 %

pv ratio = contribution/sales

60℅ = contribution/sales

contribution= sales-variable cost

therefore

60%= sales-variable/Sales

now, let sales be x

60%= x-vc/x

60%= x-50/x

x*60/100=x-50

60x=100x-5000

x = 125

therefore sales is 125

Answer 2

Explanation:

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