Question

Question 23
If profit is Rs. 10,000, Fixed
cost is Rs. 50,000 and profit
volume ratio is 20%. Find out
sales.​

Answer 1

Answer:

Since Contribution = Sales – Variable Cost = Fixed Cost + Profit, P/V ratio can also ... P/V Ratio = 20 – 15/20 × 100 = 5/20 × 100 = 25% ... Sales Volume to earn a Profit of Rs. 40,000

Step-by-step explanation:

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