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NextQ10

The Fancy Store, a ready-made garments retail shop sold 10,000 shirts at Rs.400 per shirt during the year. Cost of placing an order and receiving goods is Rs.2,000 per order. Inventory holding cost is Rs.1000 per year. Calculate the Economic Order Quantity for The Fancy Store.

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Question 9

Manjush sold a head set for Rs.2100. If the purchase price of the product is 80% of its selling price, the profit earned by manjush is:

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