Consignment account
This query is : Resolved
16 October 2012
Anil of Delhi sold goods to Bensi of Chennai,The goods are to be sold at 125%of cost which is invoice price. Commission 10% on sales at IP and 25% of any surplus realized above IP. 10% of the goods sent out on consignment, Invoice value of which is Rs.12,500 were destroyed. 75% of the total consignment is sold by Bensi at Rs. 1,00,000. What will be the amount of commission payable to Bensi? Please solve hint....
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