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