consingee sells a goods costing of Rs. 50,000/- at a profit of 10,000/-. He receives 5% ordinary commission, 2% del credere commission & 3% over riding commission. Then what will be total commission. please solve the question.
thanks
consingee sells a goods costing of Rs. 50,000/- at a profit of 10,000/-. He receives 5% ordinary commission, 2% del credere commission & 3% over riding commission. Then what will be total commission. please solve the question.
thanks
As per the given case, the commission should be calculated as (5+2+3)% on(50000+10000)=60000 i.e Rs.6000.
Sorry but this is wrong answer since the answer is 3840 in books but i m not able to calculate
Sorry but this is wrong answer since the answer is 3840 in books but i m not able to calculate
question is wrong
In that case you should give to us the complete information of the Question, only then we'll be able to solve it.
But in books this is the question and i m also agree with you that question is not complete since over riding commission is given to sale price of above invoice price which is not given
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