Solution please 🥺

GYC Ltd. provides you with the following information:

Year I - Loss 40,000
Cost 108% of Sales Profit

Year II - Cost -11,40,000 
Profit is 24% of Sales

During the next year III, the Selling Price and Variable Cost are expected to be reduced by 20% and 33-1/3% respectively and Fixed Costs are expected to increase by 25%.

Calculate the Sales so as to earn a return of 30% on Capital Employed. Working Capital is 25% of Sales and 20% of Capital Employed

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https://docs.google.com/document/d/1zIMMNFOBYR93HgXEa2d-nyu-_QRV5sjFhrT-K1kCjy8/edit?usp=sharing

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