Numerical - Calculate amount of profit for given sales, variable & fixed cost
Q. Determine amount of profit if Variable costs is Rs 1,20,000 Fixed costs is Rs 40,000 and sales is Rs 2,00,000.- Published on 14 Sep 15a. Rs 30,000
b. Rs 50,000
c. Rs 12,000
d. Rs 40,000
ANSWER: Rs 40,000