Numerical - Calculate amount of profit for given fixed cost, sales & P/V ratio
Q. What will be the amount of profit if Fixed cost is Rs 20,000 Sales is Rs 1,60,000 and P/V ratio is 25%?- Published on 14 Sep 15a. Rs 40,000
b. Rs 20,000
c. Rs 10,000
d. None of the above
ANSWER: Rs 20,000