From the following data, calculate P/V Ratio: Rs. Rs. Fixed Costs 3,00,000 Variable Cost 30 9,00,000 Sales
Question:
From the following data, calculate P/V Ratio:
Rs. Rs.
Fixed Costs 3,00,000 Variable Cost 30 9,00,000 Sales 30,000 75 22,50,000
[Ans.: P/V Ratio = 60%]
[Hint: P/V Ratio =
SP-VC SP × 100, where SP = Total Sales Price]
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