From the following data, P/V Ratio will be: Year Cost of Sales (₹) Profit (₹) 2016-17 40,00,000 5,00,000 2017-18 60,00,000 15,00,000

CS Executive · Cost and Management Accounting · PYQS · December 2018
From the following data, P/V Ratio will be: Year Cost of Sales (₹) Profit (₹) 2016-17 40,00,000 5,00,000 2017-18 60,00,000 15,00,000
(A) 12%
(B) 25%
(C) 20%
(D) 33 1 / 3 %

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Cost and Management Accounting

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