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Subjects
Class 11Home ScienceWork, Livelihood and CareerTraditional occupations in India - Visual artsHardLevel 17

If an artisan has good sales but low profit what should be analysed first?

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Answer and explanation

Correct answer: Cost price and profit margin

Even with high sales profit can be low if cost is high. In exams connect profit with costing.

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visual artsprofitcost analysis

Frequently asked questions

What is the correct answer to this question?

Cost price and profit margin

Why is this the correct answer?

Even with high sales profit can be low if cost is high. In exams connect profit with costing.

Which subject and chapter does this question cover?

This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Traditional occupations in India - Visual arts.

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