Question
Currently, a firm sells 10,000 units at ₹20 each.
Variable cost is ₹12 per unit and Fixed Costs are ₹50,000. If the firm increases its selling price by 10%, but volume drops by 10%, what is the new Margin of Safety (Value)?Solution
The Profit/Volume (P/V) ratio expresses the contribution as a percentage of sales. 
The BEP (Value) is the sales level required to cover all fixed costs. The Margin of Safety is the difference between actual sales and break-even sales. 
Select the option that can be used as a one-word substitute for the given group of words.
A herd or flock of animals being driven in a body
Rogue
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Select the most appropriate option to substitute the underlined segment in the given sentence. If there is no need to substitute it, select ‘No subst...
Select the option that can be used as a one-word substitute for the given group of words.
One who collects coins
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Words written on a tombstone in the memory of the pe...
In each of the following questions, choose the correct alternative which can be substituted for the below given word/ phrase of words.'
The fe...
Select the option that can be used as a one-word substitute for the given group of words.
A person who knows everything
Fanatical , uncultured leaders, little versed in modern science, can not give us a solution.
Abjure
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