Question
Entrepreneurship Question on Average contribution margin
If selling price of a pen is ₹ 80. The variable cost is 40%. Then, calculate contribution margin per unit
A
₹ 32
B
₹ 23
C
₹ 48
D
₹ 36
Answer
₹ 48
Explanation
Solution
The correct option is (C) :₹ 48.