4000 mobiles need to be made and sold in a monopoly market. The desire – McqOptions

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1.	4000 mobiles need to be made and sold in a monopoly market. The desired profit is Rs 2,00,000. The variable cost per mobile is Rs 100 and the total fixed costs are Rs 40,000. Find out unit selling price.
A.	Rs 160 per mobile
B.	Rs 1,600 per mobile
C.	Rs 1.60 per mobile
D.	None of the above
Answer» C. Rs 1.60 per mobile

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4000 mobiles need to be made and sold in a monopoly market. The desired profit is Rs 2,00,000. The variable cost per mobile is Rs 100 and the total fixed costs are Rs 40,000. Find out unit selling price.