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Commerce · Q857

Costing

Graduate and Post Graduate · Commerce · question 857

Q857

What is the amount of fixed cost if the margin of safety is Rs. 80,000 profit is Rs. 20,000, and sales is Rs. 3,00,000?

A.
Rs. 1,00,000
B.
Rs. 75,000
C.
Rs. 55,000
Answer
D.
Rs. 20,000

Answer: Option C

Solution

Answer: Option C
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