Ques 7 a) The sales and profits during two periods are as under: Period I Sales 20 lac; Profit 72 lac : Sales 30 lac; Profit 74 lac Period II Calculate: i) P/V Ratio ii) Break-even point iii) Sales required to earn a profit of 75 lac iv) Profit when sales are 750 lac v) Margin of safety at a profit of 2.5 lac

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