CPT Problem - Consignment

Hemalalitha R (IPCC Student) (50 Points)

31 May 2009  


I am new to CACLub. I hv just cleared 12th Std. (Commerce group). I am going to appear CPT Exam in June 28. I hv a query in Consignment a/c as follows.

P of Faridabad sent out goods costing Rs.45,000 to Y of Delhi at cost + 33 1/3 %.1/10th of goods were lost in transit . 2/3 of the goods were sold at 20% above IP. The amount of sale value will be

a) Rs.54,000

b)Rs. 43,200

c)Rs. 60,000

d)Rs 36,000

Please explain the answer.

Thanks in advance.