Fixed Cost = ₹2,00,000, Sales = ₹8,00,000, P/V Ratio = 30%; the amount of profit is ............

CS Executive · Corporate and Management Accounting · PYQS · June 2021
Fixed Cost = ₹2,00,000, Sales = ₹8,00,000, P/V Ratio = 30%; the amount of profit is ............
(A) ₹50,000
(B) ₹40,000
(C) ₹35,000
(D) ₹45,000

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Management Accounting

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