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
Choose the word with correct spelling.
Buy a Lemon
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Select the word which cannot be formed using the letters of the given word, using the letters of the given word only once.
RECONSTITUTION
In January 2022, who has been appointed as new chairman of Apparel Export Promotion Council?