A). s & g are partners sharing profit & losses ratio 4:1.m was manager who received salary 4000/- p.m in addition to a commission of 5% on net profits after charging such commission.profits of the year 678000/-.total remuneration of m will be
a). 78000
b). 88000
c).76000
d).87000
B). there are 1000kg apples sent on consignment,cost being 3/- per kg.freight paid by consignor & consignee 4000/- & 2500/-.15% loss is unavoidable.what is the per kg value.
a).6.94
b).4.5
c).4.75
d).4.25
no answers in the options
678000-4000*12=630000 from this 5% commission after charging such commission implies 630000*5/105 = 30,000 so total remmuneration = 30,000+48,000=78,000. Initially i made mistake by taking the remmuneration for one month as remmuneration for one year
total cost of apples = 3000+6500 = 9500 9500/850 is teh cost of apples per kg = 11.17
a)78000
b)no ans in d option
how 78000/- 2nd answer is 6.94/-
how 6.94?
LOLz........
Its hilarious to see freight charges to be more than the basic cost of Apples
6,78,000-(4000 X 12) = 630000 Commission = 630000 x 5/105 = 30000. Therefore total remuneration = (4000 x 12) + 30000 = 78000
Hehe..........
the ans is 4.294...!! there must b mistake in freight amnt.. it wuld b 400 and 250. :)
CAclubindia
