1.

If the cos of manufacturring of Type A pens is Rs. 4.50 per pen, what is the net profit earned by the company by selling all pens of type A ?

Answer»

RS. 1.05 thousand



Cost price PER pen = 4.50
Selling price per pen = 8
∴ profit per pen = 3.50
Total number of PENS sold = 30000
∴ Net profit= 30000 x 3.50 = 1.05 lakh



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