Consingment
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 November 2010
Dear Sir/Madam
R%ajesh of Ramnagar sends out goods costing Rs.2,00,000 to Gopal of Gujarat 3/5th of the goods were sold by consignee for Rs. 1,50,000. Commission 2% on sales plus 10% of gross sales less all commission exceeds cost price. The amount of commission will be
Ans: Rs.5,454.54
Please tell how to calculate?
R%ajesh of Ramnagar sends out goods costing Rs.2,00,000 to Gopal of Gujarat 3/5th of the goods were sold by consignee for Rs. 1,50,000. Commission 2% on sales plus 10% of gross sales less all commission exceeds cost price. The amount of commission will be
Ans: Rs.5,454.54
Please tell how to calculate?
CA Sanat Pyne
(Expert)
29 November 2010
2% on 150000=3000
let special commission = b
b=(150000-120000-3000-b) X 10%
=2454.54
So total commission=5454.54
let special commission = b
b=(150000-120000-3000-b) X 10%
=2454.54
So total commission=5454.54
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