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Sales Rs 4,00,000, variable cost Rs 2,40,000, fixed cost Rs 1,00,000. Profit?

ARs 40,000
BRs 60,000
CRs 1,00,000
DRs 1,60,000
Answer & Solution
Correct answer: B. Rs 60,000
Contribution is 1,60,000, and subtracting fixed cost of 1,00,000 leaves Rs 60,000.
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