Solve plz

CPT 522 views 2 replies

 

Q/- X sent out goods costing Rs80,000 to Y so as to show 20% profit on invoice price. 40% goods were lost in  transit, 60% of goods received by consignee was sold at 25% above Invoice price.Rate of commission is 10% on sales at invoice price Plus 50% of surplus over invoice price .the amount of commission will be

 

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Replies (2)
comm. Rs 13500 6000 plus 7500
6000=10%[(80000*60%)*125%mark up 25%on invoic] 7500=50%*[60000(above solution)*125% mark up on invoice - 60000]


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