Example 4: The sales turnover and profit during two years were as follows:YearSales (7)Profit (7)20131,60,00020,00020141,80,00025,000You are required to calculate:i) P/V ratio.ii) Sales required to earn a profit of 760,000.iii) Profit when sales are 71,40,000.

Answered: Example 4: The sales turnover and…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Example 4: The sales turnover and profit during two years were as follows: Year Sales (7) Profit (7) 2013 1,60,000 20,000 2014 1,80,000 25,000 You are required to calculate: i) P/V ratio. ii) Sales required to earn a profit of 760,000. iii) Profit when sales are 1,40,000.