If the desired profit is ₹20,000, fixed costs are ₹150,000, and the P/V ratio is 50%, what will be the required sales?

₹3,00,000
₹3,20,000
₹3,400,000
₹3,600,000

Correct answer: ₹3,400,000

Solution

Required sales are calculated by dividing the sum of fixed costs and desired profit by the P/V ratio. Here, $(150000 + 20000)/0.5 = 340000$, so the intended answer is ₹3,40,000; the option text appears OCR-corrupted as ₹3,400,000.

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