(Attock VU Group) mht402 help req

is 32000 ans is correct or 80000 is correct??

Information concerning Label Corporation's Product A is as follows:

                                Rs.

Sales price             300,000

Variable cost          240,000

Fixed Cost               40,000

Assuming that Label increased sales of Product A by 20%, the profit of the product A would be which of the following?

       ► Rs. 20,000

       ► Rs. 24,000

       ► Rs. 32,000

       ► Rs. 80,000

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