If total cost is ₹30,000 for the sales of ₹50,000 and ₹22,000 for the sales of ₹30,000, then the Profit Volume (P/V) Ratio is:

CS Executive · Corporate and Management Accounting · PYQS · June 2022
If total cost is ₹30,000 for the sales of ₹50,000 and ₹22,000 for the sales of ₹30,000, then the Profit Volume (P/V) Ratio is:
(A) 30%
(B) 40%
(C) 50%
(D) 60%

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Management Accounting

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