If sales are £960,000 on a product with a 25% margin and fixed - ProProfs Discuss
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If sales are £960,000 on a product with a 25% margin and fixed costs of £160,000, what profit is being made?



A. £80,000
B. £160,000
C. £800,000
D. £200,000

This question is part of Chapter 7 - Burns - Entrepreneurship and Small Business 4e
Asked by Vladimir_spach, Last updated: Apr 12, 2018

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1 Answer

vladimir_spach

Vladimir_spach

Answered on Apr 12, 2018

£80,000

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