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Commerce · Q1505

Accounting

Graduate and Post Graduate · Commerce · question 1505

Q1505

Calculate the profit volume ratio from the following statement: Year Sales Profit 2006 4,00,000 (-) 24,000 2007 5,00,000 (+) 30,000

Calculate the profit volume ratio from the following statement:
Year Sales Profit
2006 4,00,000 (-) 24,000
2007 5,00,000 (+) 30,000
A.
20%
B.
40%
Answer
C.
15%
D.
50%

Answer: Option B

Solution

Answer: Option B
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