State the formula for calculating PVC ratio
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The PV ratio or P/V ratio is arrived by using following formula. P/V ratio =contribution x100/sales (*Contribution means the difference between sale price and variable cost). Here contribution is multiplied by 100 to arrive the percentage. For example, the sale price of a cup is Rs.
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Hey mate here is your answer
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This ratio is accounted for by means of the pigment volume concentration (PVC), calculated as pigment volume divided by the total dry film volume, and it is key to paint's aesthetics and physical properties.
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