Calculate the net income from the following data. Sales 2,00,000 Variable cost Ratio = 90% Variable cost ₹1,80,000 Fixed cost ₹20,000 |
20,000 0 10,000 1,60,000 |
0 |
The correct answer is option (2) - 0 Net income= Sales- variable cost- fixed cost = 2,00,000 - 1,80,000 - 20,000 = 0 |