Practicing Success

Target Exam

CUET

Subject

Entrepreneurship

Chapter

Business Arithmetic

Question:
A factory is engaged in manufacturing plastic toys. The following information is available to you. 500 units Sales Rs. 2,00,000, Variable cost 120000, Fixed cost = Rs.2,50,000 Profit volume ratio would be?
Options:
30%
40%
50%
60%
Correct Answer:
40%