Question
A company produces 5,000 units of a product in a month.
The fixed cost is Rs 10,000, and the variable cost per unit is Rs 15. If the company sells each unit at Rs 50, calculate the profit earned by the company.Solution
Fixed cost = Rs 10,000. Variable cost per unit = Rs 15. Total variable cost = 15 × 5,000 = Rs 75,000. Total cost = Fixed cost + Total variable cost = 10,000 + 75,000 = Rs 85,000. Revenue from selling 5,000 units = 50 × 5,000 = Rs 250,000. Profit = Revenue - Total cost = 250,000 - 85,000 = Rs 165,000.
Which of the following pair is not correctly matched?
Which of the following statements are correct regarding Somnath Temple?
1.Somnath Temple is one of the Jyotirlinga shrines.
2. A descripti...
A sum of money doubles itself at a certain rate of compound interest in 12 years when the interest is compounded annually. In how many years will it bec...
Consider the following statements regarding the UDAN Scheme:
1.This is a regional connectivity initiative by the Government of India, where airli...
Soil erosion is one of the major threats to the environment. Which of the following can help to prevent erosion of soil?
Who among the following was not associated with Indian National Congress?
In which year was the second National Labour Commission constituted under the chairmanship of "Ravindra Varma"?
During a reporting period, a company’s assets increase by Rs. 80,000,000. Liabilities decrease by Rs. 20,000,000. Equity must therefore?
Every factory that has more than _____ workers shall provide and maintain a canteen.
What is the maximum penalty for employers who fail to comply with the provisions of the Maternity Benefit Act, of 2017?
Relevant for Exams:
