If sales are 90,000 and variable cost to sales is 75%, contribution is
Calculate the Variable Cost:
Variable Cost = Sales × Variable Cost to Sales Ratio
Variable Cost = ₹90,000 × 75% = ₹67,500
Calculate the Contribution:
Contribution = Sales - Variable Cost
Contribution = ₹90,000 - ₹67,500 = ₹22,500
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150 Questions
150 Marks
180 Mins English English150 Questions150 Marks180 Mins English English150 Questions150 Marks150 Mins EnglishWhich of the following sectors includes banking, communication and transport?
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Which sector is responsible for converting natural products into manufactured goods in India?
The concept of a mixed economy was central to India’s early planning strategies. In the context of India’s Five-Year Plans, what does the term 'mixed economy' refer to?
Transportation and Storage fall under which sector of economic activity?
During the early years post-Independence, which sector was prioritised for development in India?
Which of the following is a primary activity in rural areas?
Social or Collective Ownership, Central Planning Authority and Social Welfare are the features of which type of economy?
Which sector forms the backbone of rural development in India?
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