Q3. Brainteaser Company Ltd has existing sales of INR 1,400 lakhs. Its breakeven sales amount to 60% of its existing sales and the variable costs amount to two and a half times that of contribution, the existing profit of the organization (in INR lakhs) would amount to? Compute the existing profit of the company and show your workings clearly.
Q3. Brainteaser Company Ltd has existing sales of INR 1,400 lakhs. Its breakeven sales amount to 60% of its existing sales and the variable costs amount to two and a half times that of contribution, the existing profit of the organization (in INR lakhs) would amount to? Compute the existing profit of the company and show your workings clearly.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Q3. Brainteaser Company Ltd has existing sales of INR 1,400 lakhs. Its breakeven sales
amount to 60% of its existing sales and the variable costs amount to two and a half times that
of contribution, the existing profit of the organization (in INR lakhs) would amount to?
Compute the existing profit of the company and show your workings clearly.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fea5e36cd-70c0-4f13-9afb-0350eb457014%2Fc080c421-e79a-412b-ac17-c970286fcb2a%2F5hgvpim_processed.png&w=3840&q=75)
Transcribed Image Text:Q3. Brainteaser Company Ltd has existing sales of INR 1,400 lakhs. Its breakeven sales
amount to 60% of its existing sales and the variable costs amount to two and a half times that
of contribution, the existing profit of the organization (in INR lakhs) would amount to?
Compute the existing profit of the company and show your workings clearly.
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