From the following data, calculate P/V ratio.
| Sales | Profit | |
| 2017 | Rs. 50,000 | Rs. 5,000 |
| 2018 | Rs. 75,000 | Rs. 10,000 |
A. 15%
B. 20%
C. 18%
D. 16%
Answer: Option B
This Question Belongs to Commerce >> Accounting
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