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2. Sales turnover and profit for 2 years of a company were as Year 1: Sales Year 2: Sales 20,00,000, Profit 2,00,000 30,00,000, Profit

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2. Sales turnover and profit for 2 years of a company were as Year 1: Sales Year 2: Sales 20,00,000, Profit 2,00,000 30,00,000, Profit 4,00,000 You are required to calculate: a) P/V Ratio b) Sales required to earn a profit of 5,00,000 25 to mak

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