Poonawalla fincorp
Poonawalla fincorp

Consingment

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
29 November 2010 Dear Sir/Madam

R%ajesh of Ramnagar sends out goods costing Rs.2,00,000 to Gopal of Gujarat 3/5th of the goods were sold by consignee for Rs. 1,50,000. Commission 2% on sales plus 10% of gross sales less all commission exceeds cost price. The amount of commission will be

Ans: Rs.5,454.54

Please tell how to calculate?
Profile Image

CA Sanat Pyne

Profile Image

CA Sanat Pyne (Expert)
29 November 2010 2% on 150000=3000
let special commission = b
b=(150000-120000-3000-b) X 10%
=2454.54
So total commission=5454.54

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



Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links