Question

    ARP is a manufacturing concern. It came to you with the following details to know its profit:

    Variable Cost: ₹ 50,000

    Fixed Cost ₹ 20,000

    Selling Price: ₹ 80,000

    What will be the profit?

    A ₹ 40,000 Correct Answer Incorrect Answer
    B ₹ 10,000 Correct Answer Incorrect Answer
    C ₹ 20,000 Correct Answer Incorrect Answer
    D ₹ 30,000 Correct Answer Incorrect Answer

    Solution

    Selling Price:           (₹ 80,000) Variable Cost:          (₹ 50,000) Fixed Cost                (₹ 20,000) Profit                         (₹ 10,000)

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