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Q.5 Suppose you intend to open a franchise business to supply a nationally-known line of women's shoes. You've found a good location in Abbottabad to

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Q.5 Suppose you intend to open a franchise business to supply a nationally-known line of women's shoes. You've found a good location in Abbottabad to open your shop, and have determined that the average prices and costs of operating the store are: (20) Price = Rs. 50 per pair Cost = Rs. 30 per pair Rent = Rs. 2,500 per month Utilities & Telephone = Rs. 300 per month In addition, you plan to hire two sales ladies on a commission basis of 10% in order to provide them with incentive to sell shoes. You are required determine the breakeven point in Rupees? ONS

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