In a concern, sales increased from ₹4,00,000 to ₹8,00,000 and corresponding profit from ₹2,00,000 to ₹3,00,000, then P/V ratio is :
CS Executive · Cost and Management Accounting · PYQS · December 2020
In a concern, sales increased from ₹4,00,000 to ₹8,00,000 and corresponding profit from ₹2,00,000 to ₹3,00,000, then P/V ratio is :
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Marginal Costing
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