Question
A manufacturer produces an item at a cost of Rs. 1200
per unit. Fixed costs are Rs. 60000, and he sells the item at Rs. 2000 per unit. How many units must he sell to achieve a profit of Rs. 40000?Solution
Profit = Selling price - (Cost price + Fixed cost). Let the number of units sold be x. Profit = 2000x - (1200x + 60000). Given, profit = Rs. 40000: 2000x - 1200x - 60000 = 40000. 800x = 100000. x = 100000 ÷ 800 = 125. Correct answer: d
Who won the Grammy Award for Best Global Music Album in 2024?
Former cricketer Clive Lloyd was given the knighthood for his service towards the game of cricket. He played for __________ cricket team.
Who holds the record for the most swims across the English Channel?
Who will be receiving the Satyajit Ray Lifetime Achievement Award at the closing ceremony of the 54th International Film Festival of India (IFFI)?
What is the primary focus of the Fisheries Summer Meet 2024 to be held in Madurai?
What is the reported gross non-performing asset (NPA) range for AHFCs?
NPCI International Payments Limited (NIPL), a wholly-owned subsidiary of the National Payments Corporation of India (NPCI), has entered into a strategic...
What was the theme of World Food Safety Day 2025?
Who has been re- appointed as the Managing Director of the International Monetary Fund ( IMF) ?
With reference to the Ahilyabai Holkar, consider the following statements:
1. She ruled over the Malwa kingdom.
2. The most notable contri...