A company has annual fixed cost of Rs.1,50,000. In the year 2016-17, sales amounted to Rs. 60,00,000 as compared with Rs. 50,00,000 in the preceding year 2017-18. The profit in the year 2017-18 is Rs.1,00,000 more than that in 2016-17. What is the break-even level of sales of the company?
1
Rs. 15,00,000
2
Rs. 10,00,000
3
Rs. 8,00,000
4
Rs. 14,00,000
5
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