The P/V ratio can be improved by A. Decreasing the selling price per unit B. Increasing variable cost C. Changing the sales mix D. None of the above

The P/V ratio can be improved by  
A. Decreasing the selling price per unit
B. Increasing variable cost
C. Changing the sales mix  
D. None of the above
by

1 Answer

Answer :

C. Changing the sales mix
by

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A man who makes a profit of 25 percent by selling sugar at Rs. 4.25/kg., lowers his price so as to gain only 5 paise per Kg. In what ratio must his sales be increased so that his total profit may be the same as before? a) 1 : 5 b) 1 : 11 c) 1 : 13 d) 1 : 17 e) 1 : 21

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Last Answer : 125% C.P. of sugar per kg = Rs. 4.25 C.P of the sugar per kg = [4.25×100] / 125 = Rs. 3.40. thus, the profit on 1 kg 85 paise by reducing price to 5 paise, to make same profit he must sell, 85/5 = 17kg so required ratio = 1 : 17. Answer: d)