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When Margin o...

Question

When Margin of safety is $20$ % and P/V ratio is $60$ %, the profit will be___________.

A

10

%

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B

12

%

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C

30

%

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D

331 / 3

%

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Solution

The correct option is C $12$ %
Given Margin of Safety = 20%
P/V Ratio is 60%
Profit % can be calculated by = 60 * 20%
=12%

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