The ‘y’ axis in the break even chart represents

Volume of sales in units
Value of sales in rupees
Cost and sales in rupees
Value of production in rupees

The correct answer is: B. Value of sales in rupees

A break-even chart is a graph that shows the relationship between costs and revenue. The break-even point is the point at which the total revenue equals the total costs. The y-axis of a break-even chart represents the value of sales in rupees. The x-axis represents the volume of sales in units.

Option A is incorrect because the y-axis represents the value of sales in rupees, not the volume of sales in units.

Option C is incorrect because the y-axis represents the value of sales in rupees, not the cost and sales in rupees.

Option D is incorrect because the y-axis represents the value of sales in rupees, not the value of production in rupees.