Determine the profit or loss on sales of Rs. 80,00,000. 1 answer below »

A company has annual Fixed Costs of Rs. 14,00,000. In 2009, the sales amounted to Rs. 60,00,000 as compared with Rs. 45,00,000 in 2008 and the profit in 2009 was Rs. 4,20,000 which was higher than in 2008. At what level of sales does the company BE? Determine the profit or loss on sales of Rs. 80,00,000. If there is a reduction in the Selling Price in 2010 by 10% and the company desires to earn the same profit as in 2009, what would be the required sales?