Ques about accounts from cpt book

CPT 2016 views 2 replies

Kindly help me to solve this problem

x of kolkata sends out goods costing 100000 to y of mumbai at cost plus 25% consignor's expenses rs 2000 3/5th of goods sold were sold by the consignee at 85000 comission 2% on sales + 20% of gross sales less all comissions exceeds invoice value. amount of comission will be

3083

2000

2500

3000

Replies (2)

Refer to this post

/forum/re-please-help-me-in-solving-one-consignment-problem--42451.asp

COST OF GOODS =A=1,00,000

INVOICE VALUE OF A= 125000

INVOICE VALUE OF 3/5th GOODS SOLD=125000*3/5=75000

LET TOTAL COMMISSION BE X,

X= 2% OF Rs.85,000+ 20% OF (85,000-X-75000)

SOLVING, X=3083.00


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register