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