When the sales increase from ₹40,000 to ₹60,000 and profit increases by ₹5,000, the P/V ratio is :
CS Executive · Cost and Management Accounting · PYQS · June 2018
When the sales increase from ₹40,000 to ₹60,000 and profit increases by ₹5,000, the P/V ratio is :
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Cost and Management Accounting
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