P/V Ratio is 25% and margin of safety is ₹6,00,000, the amount of profit is :

CS Executive · Cost and Management Accounting · PYQS · June 2019
P/V Ratio is 25% and margin of safety is ₹6,00,000, the amount of profit is :
(A) ₹2,00,000
(B) ₹1,60,000
(C) ₹1,50,000
(D) ₹1,20,000

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Marginal Costing

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