From the following informations, calculate P/V Ratio: Year Sales Profit Rs. Rs. 2006 5,00,000 75,000 2007 7,50,000
Question:
From the following informations, calculate P/V Ratio:
Year Sales Profit Rs. Rs.
2006 5,00,000 75,000 2007 7,50,000 1,25,000
[Ans.: P/V Ratio = 20%]
[Hint: P/V Ratio =
Changes in Profit Changes in Sales × 100]
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