A company producing bearing plates for rock bolts has the selling price Rs. 20/unit and the variable cost has Rs. 12/unit, If the total fixed cost is Rs. 5,60,000, then for a target profit of Rs. 4,00,000, the total output units of bearing plates is
A. 30,000
B. 50,000
C. 1,20,000
D. 1,60,000
Answer: Option C
This Question Belongs to Mining Engineering >> Mine Economics
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