CIMA Exam CIMAPRA17-BA2-1 Topic 1 Question 78 Discussion

Actual exam question for CIMA's CIMAPRA17-BA2-1 exam

Question #: 78
Topic #: 1

[All CIMAPRA17-BA2-1 Questions]

A company achieves a profit/volume ratio of 25%. Sales for the month of July were 127,280 and fixed costs were 24,872.

What was the profit for the month?

A6,218

B38,038

C6,948

D25,602

Show Suggested Answer

Suggested Answer: C

by Emiko at Aug 29, 2024, 12:42 AM

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1 days ago

But the profit/volume ratio is 25%, so it should be 6,218.

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5 days ago

Hmm, let's see, 25% profit/volume ratio, sales of 127,280, and fixed costs of 24,872. Gotta use that formula, right?

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9 days ago

I believe the profit was 25,602.

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12 days ago

I think the profit was 6,218.

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