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Al Rajhi Bank is launching a new banking product with the following cost and revenue data: Selling Price per Product: SAR 500 Variable Cost per

Al Rajhi Bank is launching a new banking product with the following cost and revenue data:

  • Selling Price per Product: SAR 500
  • Variable Cost per Product: SAR 300
  • Fixed Costs: SAR 1,000,000 Determine the breakeven point in units and in sales revenue for the new product and assess its profitability.

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