Question: N$ Sales 2 300 000 Less: Variable expense (1 080 000) Contribution 1 220 000 Less: Fixed expenses (915 000) Net profit 305 000 By

 N$ Sales 2 300 000 Less: Variable expense (1 080 000)

N$ Sales 2 300 000 Less: Variable expense (1 080 000) Contribution 1 220 000 Less: Fixed expenses (915 000) Net profit 305 000 By how much will net profit increase (expressed as a percentage) if sales increas by 10%? NB: You are not required to enter the unit or currency symbol. Enter numerical answer with no spaces. For example: 1000

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