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
2,400
C
400
Correct Answer:
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.