alleryStart learning →A gadget will sell at Rs 2,400 and the firm wants a 25% margin on selling price. Target cost?
ARs 3,000
BRs 2,160
CRs 1,800
DRs 600
Answer & Solution
Correct answer: C. Rs 1,800
A 25% margin on Rs 2,400 is Rs 600, and subtracting it from the price leaves a target cost of Rs 1,800.
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