Mathematics · Cost Analysis
A manufacturer has the following data regarding a product: Fixed cost per month = Rs. 80,000 Variable cost per unit = Rs. 350 Selling price per unit = Rs. 500 Production capacity = 1600 units per month If the production is carried out at 75% of the rated capacity, then the monthly profit (in Rs.) is:
- 11 Lakh✓
- 21.2 Lakhs
- 31.4 Lakhs
- 40.8 Lakhs
Correct answer
1 Lakh
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