P/V ratio 25%, Sales ₹1,20,000 and Fixed costs ₹17,500, Profit will be :

CS Executive · Cost and Management Accounting · PYQS · June 2017
P/V ratio 25%, Sales ₹1,20,000 and Fixed costs ₹17,500, Profit will be :
(A) ₹12,500
(B) ₹30,000
(C) ₹17,500
(D) ₹20,000

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Marginal Costing

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