If sales in an organisation is ₹1,00,000, fixed cost is ₹12,000 and profit is ₹8,000, Profit/ Volume ratio is ............
CS Executive · Corporate and Management Accounting · PYQS · December 2020
If sales in an organisation is ₹1,00,000, fixed cost is ₹12,000 and profit is ₹8,000, Profit/ Volume ratio is ............
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Management Accounting
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