accounts

X of kolkata sends out  goods costing Rs 300000 to Y of mumbai. goods are to be sold  at cost + 33 1/3%  the consignor asked consignee to pay an advance for an amount equivalent to 60% of sales valve. the amount  of advance valve will be

a. 240000

b. 200000

c.300000

d. none

TELL ME HOW TO DO THESE 2 SUMS

THANKS IN ADVANCE

Ans for 1st Question is Rs. 43200-  & for second question is Rs. 240000/-

answer for 1st question

45000+1/3*45000=45000+15000=600000

1/10 of  45000=4500-goods lost

45000-4500=40500 remaining goods

2/3 of 40500=27000+1/3 of 27000=36000

2/3 of remaing goods sold at 20% above invoice

36000+7200=43200