Calculate how many units of personal care item must be sold

Reference no: EM133387390

Question: You are the Chief Marketing Officer at Tiger Brands. After paying the hefty fine of 90 million Rands, your CEO advised the company needs to return a profit of 500 million Rands in the personal care division, for the financial year 2018-2019. Assuming fixed cost is 150 million Rands; selling price per unit is 65 thousand Rands and variable cost is 15 thousand Rands. Calculate how many units of personal care item must be sold to achieve the stated profit margin?

Reference no: EM133387390

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