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If the selling price of a machine is Rs. 40000 and the profit is Rs. 2000 per machine then what is the approximate total cost towards Raw Material for the volume of sales in AP for the year 2014-15?
? 60 million
? 70 million
? 55 million
? 65 million
None of these
CP of machine = 40000 – 2000 = 38000 ∴ CP of raw material = 35% of 38000 =35/100 x 38000= ? 13300
By: Munesh Kumari ProfileResourcesReport error
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