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Commerce · Q1755

Accounting

Graduate and Post Graduate · Commerce · question 1755

Q1755

From the following data, calculate P/V ratio. Sales Profit 2017 Rs. 50,000 Rs. 5,000 2018 Rs. 75,000 Rs. 10,000

From the following data, calculate P/V ratio.
Sales Profit
2017 Rs. 50,000 Rs. 5,000
2018 Rs. 75,000 Rs. 10,000
A.
15%
B.
20%
Answer
C.
18%
D.
16%

Answer: Option B

Solution

Answer: Option B
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