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# Cpt doubt

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 intermediate(ipc)course no [ Scorecard : 1446] Posted On 12 June 2012 at 17:35 A). s & g are partners sharing profit & losses ratio 4:1.m was manager who received salary 4000/- p.m in addition to a commission of 5% on net profits after charging such commission.profits of the year 678000/-.total remuneration of m will be a). 78000 b). 88000 c).76000 d).87000 B). there are 1000kg apples sent on consignment,cost being 3/- per kg.freight paid by consignor & consignee 4000/- & 2500/-.15% loss is unavoidable.what is the per kg value. a).6.94 b).4.5 c).4.75 d).4.25 Obula Reddy Hyderabad [ Scorecard : 24] Posted On 12 June 2012 at 18:03 no answers in the options Tejaswi Kasturi student-cpt [ Scorecard : 402] Posted On 12 June 2012 at 18:48 678000-4000*12=630000 from this 5% commission after charging such commission implies 630000*5/105 = 30,000 so total remmuneration = 30,000+48,000=78,000. Initially i made mistake by taking the remmuneration for one month as remmuneration for one year total cost of apples = 3000+6500 = 9500 9500/850 is teh cost of apples per kg = 11.17 Total thanks : 1 times sheena ARTICLESHIP [ Scorecard : 175] Posted On 12 June 2012 at 18:53 a)78000  b)no ans in d option intermediate(ipc)course no [ Scorecard : 1446] Posted On 12 June 2012 at 18:58 how 78000/- 2nd answer is 6.94/- RaGHuRaM :-) The Easy are never Good and the Good are never Easy.... [ Scorecard : 4879] Posted On 12 June 2012 at 19:07 1.) 6,78,000-(4000 X 12) = 630000 Commission = 630000 x 5/105 = 30000. Therefore total remuneration = (4000 x 12) + 30000 = 78000 sheena ARTICLESHIP [ Scorecard : 175] Posted On 12 June 2012 at 19:12 how 6.94? RaGHuRaM :-) The Easy are never Good and the Good are never Easy.... [ Scorecard : 4879] Posted On 12 June 2012 at 19:42 For the answer to be 6.94, the freight paid by consignor should be 400. So can you please verify the question.... Ishant ICAI [ Scorecard : 26] Posted On 12 June 2012 at 20:05 LOLz........ Roshan A Aspiring Chartered Accountant(ACA) :) [ Scorecard : 350] Posted On 13 June 2012 at 11:35 Its hilarious to see freight charges to be more than the basic cost of Apples

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