Sales ₹25,000; variable cost ₹20,000; fixed cost ₹4,000; P/V ratio is:

CS Executive · Cost and Management Accounting · PYQS · December 2019
Sales ₹25,000; variable cost ₹20,000; fixed cost ₹4,000; P/V ratio is:
(A) 20%
(B) 80%
(C) 15%
(D) 30%

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Marginal Costing

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