Q#01 The product of ABC company sells for Rs. 30 each having a variable cost of Rs. 22 per unit. The fixed costs are Rs. 600,000 and the company sells 200,000 units of this product per annum. The royalty payment of Rs. 8 per unit is also paid along with Rs. 14, the other variable costs per unit. The company believes that it should earn a profit margin of 10% on sales, and they want to pay a royalty rate that will produce this profit margin. What royalty per unit would permit the store to earn a 10% profit margin on sales, other things held constant