12 August 2010
X of koikata sends out goods costing 1,00,000 to y of mumbai at cost+25%.Consignors expenses Rs. 2000.3/5 of the goods were sold by consignee at Rs. 85000.Commission 2% on sales + 20% of gross sales less alll commission exceeds invoice value.Amount of commission willbe: (a)rs.3083 (b)rs.3000 (c)rs.2500 (d)rs.2000