Cartel Ltd has introduced a new product with a target price of $240 and a profit requirement of 33.3 per cent on sales. What is the target cost?
A) $120
B) $160
C) $180
D) $200

Question

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The Answer of Cartel Ltd has introduced a new product with a target price of $240 and a profit requirement of 33.3 per cent on sales. What is the target cost?
A) $120
B) $160
C) $180
D) $200

Cartel Ltd Has Introduced a New Product with a Target