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Question: 7 X Last year, the sales of Diamond Paints were Rs.500,000 with a C/M ratio of 60% and an M/S ratio of 30%. During

Question: 7 X Last year, the sales of Diamond Paints were Rs.500,000 with a C/M ratio of 60% and an M/S ratio of 30%. During thecurrent year, a change in sales price and fixed cost resulted inC/M r Last year, the sales of Dlamond Paints were Rs. 500,000 with a \( \mathrm{C} / \mathrm{M} \) ratio of \( 60 \% \) and an \( \mathrm{M} / \mathrm{S} \) ratio of \( 30 \% \). During the current year, a 1 answer

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