Total cost of a product: ₹10,000 Profit: 25% on Selling Price Profit is:

CS Executive · Cost and Management Accounting · PYQS · June 2018
Total cost of a product: ₹10,000 Profit: 25% on Selling Price Profit is:
(A) ₹2,500
(B) ₹3,000
(C) ₹3,333
(D) ₹2,000

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Cost and Management Accounting

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