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Miscellaneous·2017·Easy

Consider the following figures A and B : The manufacturing cost and projected sales for a product are shown in the above figures A and B respectively. What is the minimum number of pieces that should be manufactured to avoid a loss?

Consider the following figures A and B :
The manufacturing cost and projected sales for a product are shown in the above figures A and B respectively. What is the minimum number of pieces that should be manufactured to avoid a loss?

Options

  1. a.

    2000

    Correct answer
  2. b.

    2500

  3. c.

    3000

  4. d.

    3500

Explanation

To avoid loss, SP ≥ CP.   Minimum case SP = CP   So the selling price should be equal to cost price.   Selling price of 2000 pieces = 2000 × 350 = Rs. 7 lakh   Cost Price of 2000 pieces = Rs. 7 lakh   So best answer is (a).

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