Numerical - Calculate P/V ratio for given sales & profit

Q.  Given sales is Rs 2,00,000 and Rs 4,00,000 in year 2013 and 2014 respectively. Profit is Rs (-10,000) and Rs 20,000 in 2013 and 2014 respectively. Compute P/V ratio.
- Published on 09 Sep 15

a. 40%
b. 30%
c. 25%
d. 50%

ANSWER: 30%

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