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      Question

      X Ltd. provides you the following information to

      calculate P/V ratio. Fixed cost = Rs. 40,000, Break-even point = Rs. 1,00,000
      A 45% Correct Answer Incorrect Answer
      B 35% Correct Answer Incorrect Answer
      C 40% Correct Answer Incorrect Answer
      D 30% Correct Answer Incorrect Answer

      Solution

      The correct answer is C

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