K Ltd. has fixed expenses of ₹1,00,000, sales of ₹3,60,000 and profit of ₹80,000 during the first half of a year. In the next half year, if the company suffers a loss of ₹40,000, then the expected sales would be, when th

CS Executive · Corporate and Management Accounting · PYQS · December 2022
K Ltd. has fixed expenses of ₹1,00,000, sales of ₹3,60,000 and profit of ₹80,000 during the first half of a year. In the next half year, if the company suffers a loss of ₹40,000, then the expected sales would be, when the selling price and fixed cost remain the same :
(A) ₹1,20,000
(B) ₹1,15,000
(C) ₹1,80,000
(D) ₹2,00,000

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Management Accounting

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