400 units cost Rs 4,800 in total (lots at Rs 10, 12, 14). A 250 unit issue at average cost is?
ARs 2,800
BRs 3,000
CRs 3,400
DRs 3,200
Answer & Solution
Correct answer: B. Rs 3,000
Total cost Rs 4,800 over 400 units gives Rs 12 per unit, and 250 units at Rs 12 cost Rs 3,000.
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