Hari (student) (119 Points)
10 December 2010X SENDS OUT GOODS COSTING 1,00,0000 TO Y AT COST + 25%. HIS EXPENSES 2000. 3/5 OF GOODS SOLD CONSIGNEE AT 85000. 2% COMMISSION ON SALES + 20% GROSS SALES LESS ALL COMMISSION EXCEED INVOICE PRICE. ANS: 3068.
HOW TO CALCULATE THIS COMMISSION
hari.vemula83 @ hotmail.com
CA Sahil Singla..
(Service Tax )
(3746 Points)
Replied 10 December 2010
sorry ur question is wrong...how can goods of Invoice value Rs. 750000 be sold at Rs. 85000
yogesh Malpani
(student)
(34 Points)
Replied 10 December 2010
x=85000*2%+20%[(85000-x)-75000]
slove this ... u ll get ur answer
its 3083...
CAclubindia
