Question

A company reports the following for the year: Sales = ₹12,00,000 Variable Costs = ₹7,20,000 Fixed Costs = ₹3,60,000 Based on the above information, what is the Margin of Safety (in ₹)?

A ₹1,20,000
B ₹1,80,000
C ₹2,40,000
D ₹3,00,000
E ₹3,60,000
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