{"@context":"https://schema.org/","@type":"Quiz","dateCreated":"2024-10-18T12:29:45.132Z","dateModified":"2024-10-18T12:29:45.132Z","typicalAgeRange":"11-18","educationalLevel":"CUET (UG)","assesses":"Entrepreneurship - Average contribution margin","educationalAlignment":[{"@type":"AlignmentObject","alignmentType":"educationalTopic","targetName":"Average contribution margin"},{"@type":"AlignmentObject","alignmentType":"educationalSubject","targetName":"Entrepreneurship"},{"@type":"AlignmentObject","alignmentType":"educationalExam","targetName":"CUET (UG)"}],"name":"Quiz about Average contribution margin","about":{"@type":"Thing","name":"Entrepreneurship - Average contribution margin"},"hasPart":[{"@type":"Question","eduQuestionType":"Multiple choice","learningResourceType":"Practice problem","educationalLevel":"intermediate","name":"Question About Average contribution margin","text":"If selling price of a pen is ₹ 80. The variable cost is 40%. Then, calculate contribution margin per unit","encodingFormat":"text/markdown","comment":{"@type":"Comment","text":"\"\""},"suggestedAnswer":[{"@type":"Answer","position":0,"encodingFormat":"text/markdown","text":"

₹ 32

","comment":{"@type":"Comment","text":"\"\""}},{"@type":"Answer","position":1,"encodingFormat":"text/markdown","text":"

₹ 23

","comment":{"@type":"Comment","text":"\"\""}},{"@type":"Answer","position":2,"encodingFormat":"text/markdown","text":"

₹ 48

","comment":{"@type":"Comment","text":"\"\""}},{"@type":"Answer","position":3,"encodingFormat":"text/markdown","text":"

₹ 36

","comment":{"@type":"Comment","text":"\"\""}}],"acceptedAnswer":{"@type":"Answer","position":2,"encodingFormat":"text/markdown","text":"

₹ 48

","answerExplanation":{"@type":"text","text":"The correct option is (C) :₹ 48."},"comment":{"@type":"Comment","text":"\"\""}}}]}

If selling price of a pen is ₹ 80. The variable cost is 40%. Then, calculate contribution margin per unit

The Correct Option is C

Solution and Explanation

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