Question

ARP is a manufacturing concern. It came to you with the following details to know its profit:

Variable Cost: ₹ 50,000

Fixed Cost ₹ 20,000

Selling Price: ₹ 80,000

What will be the profit?

A ₹ 40,000 Correct Answer Incorrect Answer
B ₹ 10,000 Correct Answer Incorrect Answer
C ₹ 20,000 Correct Answer Incorrect Answer
D ₹ 30,000 Correct Answer Incorrect Answer

Solution

Selling Price:           (₹ 80,000) Variable Cost:          (₹ 50,000) Fixed Cost                (₹ 20,000) Profit                         (₹ 10,000)

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