If selling price of a product is ₹8,580 and the profit margin on cost is 10%, the amount of profit will be —

CS Executive · Cost and Management Accounting · PYQS · December 2014
If selling price of a product is ₹8,580 and the profit margin on cost is 10%, the amount of profit will be —
(A) ₹7,800
(B) ₹8,580
(C) ₹7,200
(D) ₹9,533.

Topics: Cost Accounting Techniques

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