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.Solution
Contribution = ₹(1,00,000 + 80,000) = ₹1,80,000 Contribution/Unit = ₹(180000 ÷ 120) = ₹1500 Variable cost/unit = 1500 ÷ ¾ = ₹2000 Selling price = ₹1,500 + ₹2,000 = ₹3,500
More The Management Basics Questions
- Which letter and number cluster will replace the question mark (?) to complete the given series?
LT6, KU12, IW24, FZ48, ____ - Which letter-cluster will replace the question mark (?) in the following series?
RGV, UME, ?, AYW, DEF - Which letter-cluster will replace the question mark (?) in the following series?
NPQR, OORQ, PNSP, ____, RLUN - A series is given with one term missing. Choose the correct alternatives from the given ones that will complete the series.
57, 59, 56, 61, 54, ___ - Select the number from among the given options that can replace the question mark (?) in the following series.
17, 18, 22, 31, 47, ___
