A unit contributes Rs 12; 5,000 units are sold; fixed costs are Rs 45,000. What is profit?
ARs 25,000
BRs 45,000
CRs 60,000
DRs 15,000
Answer & Solution
Correct answer: D. Rs 15,000
Total contribution is 60,000 and subtracting fixed costs of 45,000 leaves Rs 15,000.
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