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A company produces a commodity with ₹ 24,000 as fixed cost. The variable cost estimated to be 25%…
A company produces a commodity with ₹ 24,000 as fixed cost. The variable cost estimated to be 25% of the total revenue received on selling the product, is at the rate of ₹ 8 per unit. Find the break-even point.
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From ISC 2021 Specimen Mathematics Paper 1, question 20(a).