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