The following data are given : Sales ₹ 15,00,000 Fixed Cost ₹ 4,00,000 P/V Ratio 40% The Profit is:

CS Executive · Cost and Management Accounting · PYQS · December 2020
The following data are given : Sales ₹ 15,00,000 Fixed Cost ₹ 4,00,000 P/V Ratio 40% The Profit is:
(A) ₹3,00,000
(B) ₹1,50,000
(C) ₹2,00,000
(D) ₹3,20,000

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Cost and Management Accounting

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