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Numerical - Calculate P/V ratio for given sales, fixed cost & profit
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Management Accounting
Q. Determine P/V ratio if Sales is Rs 1,00,000, Fixed cost is Rs 30,000 and Profit is Rs 20,000.
- Published on 08 Sep 15
a.
25%
b.
50%
c.
45%
d.
None of the above
ANSWER: 50%
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