Assuming that the cost structure and selling prices remain the same in periods I and II. Find out (a) P/V Ratio (b) Break even sales (c) Profit when sales are Rs. 1,00,000 (d) Sales required to earn a profit of Rs. 20,000 (e) Margin of safety in II period Period Sales (Rs)

Profit 1,20,000 and 9,000 Rs 1,40,000 and 13,000 respectively