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Mining Engineering · Q33

Mine Economics

Engineering and GATE · Mining Engineering · question 33

Q33

A company producing bearing plates for rock bolts has the selling price Rs. 20/unit and the variable cost has Rs. 12/unit, If the total fixed cost is Rs. 5,60,000, then for a target profit of Rs. 4,00,000, the total output units of bearing plates is

A.
30,000
B.
50,000
C.
1,20,000
Answer
D.
1,60,000

Answer: Option C

Solution

Answer: Option C
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