Information provided by S Ltd. are given below : Fixed Cost ₹ 24 lakh Profit ₹ 12 lakh Break-even point ₹ 60 lakh When sales are ₹120 Lakh, then calculate the profit :

CS Executive · Corporate and Management Accounting · PYQS · December 2019
Information provided by S Ltd. are given below : Fixed Cost ₹ 24 lakh Profit ₹ 12 lakh Break-even point ₹ 60 lakh When sales are ₹120 Lakh, then calculate the profit :
(A) ₹66 Lakh
(B) ₹30 Lakh
(C) ₹24 Lakh
(D) ₹21 Lakh

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Cost-Volume-Profit Analysis (CVP)

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