Question

ARP is a manufacturing concern. They come to you with following the details: Variable Cost: ₹ 50,000 Fixed Cost: ₹ 20,000 Selling Price: ₹ 80,000 They want to know what the profit/loss status is. Given Fixed Cost is ₹ 40,000.

A Profit
B No Profit No Loss
C Cannot be determined
D Loss
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