alleryStart learning →The price is Rs 1,500 and the required margin is 20% of price. Find the target cost.
ARs 1,125
BRs 1,800
CRs 1,200
DRs 1,300
Answer & Solution
Correct answer: C. Rs 1,200
Margin is 300 (20% of 1,500), so target cost is 1,500 minus 300, which is Rs 1,200.
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