Variable cost is a type of cost that changes in proportion to the level of production or sales, unlike a fixed cost. It includes operational costs such as raw materials, labour and other expenses that vary with the volume of output.
For instance, for a manufacturer of leather shoes, the variable cost will include the cost of leather inventory used to complete an order. For a large order of shoes, the variable cost will be more and vice versa.
Skip the manual calculations. Use the Fibe EMI Calculator to accurately determine your repayment amounts, interest charges, and more.
Fibe's personal loan EMI calculator is your reliable tool to determine your loan EMI in just a few minutes and some simple steps. Fibe offers personal loan of up to Rs 5 lakhs with minimal documentation and quick processing. Coupled with interest rates as low as Rs 9/day, this is by far your most compelling credit option in the market.Get instant loan and also calculate your monthly repayments based on your sanctioned loan amount and interest rates using this handy EMI calculator that's operate and easy to understand. With Fibe, you can even prepay your loan amount with no additional charges.
Your EMI Amount is
Select EMI option