Numerical - Calculate P/V ratio for given sales & cost

Q.  Given sales is Rs 2,00,000 and Rs 4,00,000 in year 2013 and 2014 respectively. Cost is Rs 1,40,000 and Rs 2,40,000 in 2013 and 2014 respectively. Compute P/V ratio.
- Published on 09 Sep 15

a. 40%
b. 30%
c. 25%
d. 50%

ANSWER: 50%

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