When the sales increase from ₹25,00,000 to ₹33,00,000 and cost of sales increases from ₹23,20,000 to ₹28,00,000, the P/V Ratio will be :

CS Executive · Cost and Management Accounting · PYQS · December 2021
When the sales increase from ₹25,00,000 to ₹33,00,000 and cost of sales increases from ₹23,20,000 to ₹28,00,000, the P/V Ratio will be :
(A) 60%
(B) 19.2%
(C) 15.15%
(D) 40%

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Marginal Costing

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