Question

120 units of semi-conductors are required to be sold to earn a profit of Rs.1,00,000 in  a monopoly market. The fixed cost for the period is Rs.80,000. The contribution in the  monopoly market is as high as 3/4th of its variable cost. Determine the target selling price per unit.

A ₹4500
B ₹3250
C ₹4000
D ₹3500
E ₹3000
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