the question mentions:
average price of product is rs 200 netting of a contribution of 40%
then it's selling price will be??
500
Sales - Variable cost= Contribution
if contribution is 40% then
200/40*100=500 is sales
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
