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Question 9:- B Ltd. manufactures 1,200 units of product 'P' during the year 2018-19. The variable cost per unit and fixed costs per annum are

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Question 9:- B Ltd. manufactures 1,200 units of product 'P' during the year 2018-19. The variable cost per unit and fixed costs per annum are Rs.35 and Rs. 45,000 respectively. If the company expects an annual profit of Rs.30,000, the mark-up percentage on variable cost is a) 178.57% b) 171.43% c) 107.14% d) None of the above

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