The following figures are available from the records of Venus Traders as on 31 st March Figures:
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Question:
- The following figures are available from the records of Venus Traders as on 31st March
Figures: In Lakhs of Rs. | |||
Particulars | 2006 | 2007 | |
Sales | 150 | 200 | |
Profits | 30 | 50 |
Calculate:
- Profit/Volume ratio and total fixed expenses
- Break Even Sales
- Sales required to earn a profit of Rs.90 lakhs
- Profit/Loss that would arise if the sales were Rs.280 lakhs
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