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1.
Suppose that each widget sells for Tk. 150. What is the profit earned by AC Ltd. in July ? ( Profit is defined as the excess of sales revenue over total cost.)
- A. 1,600
- B. 1,600
- C. 1,600
- D. 1,600
Answer: Option C
Explanation:
It is know that for 40 units production cost is 6000 art at 150 tk. per unit, the total revenue would also be 600 Tk. Thus the total profit would be 0.
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