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Accounts-cpt question

CPT 1270 views 5 replies

Consignment que .. X send good rs. 50000 y at cost+10% y send it to c 20% of invoice price amount of sale wii be? A-55000 B-68750 C-6600 D-5000

Replies (5)

consignment..

in this kind of question always use a trick..

if price and invoice price is there..

always use 1/2 of cost is equal to 1/3 of invoice price

1/3 of cost is equal to 1/4 of invoice

1/4 of cost is equal to 1/5 of invoice and so on..

try solve it now..

b-68750                 

50000 + 20% on cost so 25 % on sale = 50000 +12500 = 62500 + "10%"   = 68750 ...../

I guess it is option B-68750

 

 

A AC DEALER PURCHASED SOME AC'S AND FIXED THEM IN HIS SHOWROOM. 

 

DRAWINGS OR PURChases ?


CCI Pro

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