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      Question

      A company has fixed costs of ₹30,000, a desired profit

      of ₹15,000, and a Profit-Volume (P/V) Ratio of 25%. What should be the total sales to achieve the desired profit?
      A ₹1,20,000 Correct Answer Incorrect Answer
      B ₹1,50,000 Correct Answer Incorrect Answer
      C ₹1,80,000 Correct Answer Incorrect Answer
      D ₹2,00,000 Correct Answer Incorrect Answer
      E ₹2,20,000 Correct Answer Incorrect Answer

      Solution

      The correct answer is C

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