Loading...
Loading...
A product costing ₹60 per unit to produce had been selling at the average rate of 1,200 units per month. After the product was improved, sales increased to an average of 2,000 units per month. However, the new product cost five percent more to produce. If the manufacturer's selling price in each instance was ₹75 per unit, what was the manufacturer's added-profit per month with the newer product?
This question appeared in the MPPSC Prelims 2018 examination (Paper-II). It is Question 2 out of 200 questions in this paper.
This question was part of the MPPSC Prelims 2018 (Paper-II). The MPPSC Prelims examination tests candidates on general studies, current affairs, and aptitude through multiple-choice questions.
Practice previous year questions from all MPPSC Prelims papers and compare patterns with UPSC Prelims PYQ to identify overlapping topics.