Consignment

This query is : Resolved 

11 May 2009 Mr Anuj sent 2000 units cosying Rs 1800 each to Mr Mahipalthe goods were to be sold as to yeild a agross profit of 20% on sales. Mahipal sold 1200 units @ 2050per unit on credit and 650 units @ 2300 per unit on cash. Mr Mahipal is entitled toa commission Rs 300 per unit. The amount of commission will be
(A) 555000 (B) 570000
(C) 590000 (D) 610000
please describe in breif
answer:- 555000

11 May 2009 Rs, 550000.

11 May 2009 Proper Answer:
Units Sold - 1200+650=1850
Commission p.u - = 300
Total Commission Due = 1850 * 300 = 555000




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries