Suman Ltd manufactured and sold 1000 electric irons last year at a price of Rs 800 each. The cost structure of electric iron is as follows: Particulars Per unit (Rs) Materials Labour Variable overheads 200 100 50 Total marginal cost 350 Factory overheads (fixed) 200 Total Cost 550 Profit Sales 250 800 Due to heavy competition, price has to be reduced to Rs 750 as suggested by the marketing manager. Is it a good idea? Assuming no change in costs, calculate the number of electrical irons that would have to be sold at the new price to ensure the same amount of profit as that of the last year.