The following figures are available from the records of book of account as on 31st March: March 2021 March 2022 ₹ lakh ₹ lakh Sales 50 200 Profit 30 50 Calculate Profit Volume Ratio.

CS Executive · Corporate and Management Accounting · PYQS · June 2023
The following figures are available from the records of book of account as on 31st March: March 2021 March 2022 ₹ lakh ₹ lakh Sales 50 200 Profit 30 50 Calculate Profit Volume Ratio.
(A) 40%
(B) 20%
(C) 25%
(D) 50%

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Management Accounting

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