Menu
please answer this ............
ram of rome sends out good costing rs. 100000 to amar of australia. 3/5th of the goods were sold by consignee for rs 70000. Commission 2 % on sales + 20%of gross sales less all commission exceeds cost price the amount of commission will be
a.2900
b.3333
c.2833
d.2800
Replies (2)
This question has been posted in this forum earlier. Put some new things.
ANSWER (C):-2833
(2%OF70000)+20/120[70000-(3/5TH OF 100000)-(2% OF 70000)] = 1400+1433=2833
Recent Topics :
- DRC-03 interest paid under CGST/SGST instead of IG
- GSTR1 amendment Bulk bills
- Capital Gain on Sale of Gold
- GST SALES RETURN MISSING 2025-26 FY
- Enquiry on FAST-DS system generated email
- Capital gain on sale of agriculture land
- Demand from TRACES
- FY 2025-26 ITC CLAIM DUE DATE
- 96084000 and 48202000 HSN code ka Tax Rate kya hai
- Clarifications for intra day transactions
Related Topics :
CAclubindia
