Cpt- i am unable to solve this question.please help
alfiya (student) (133 Points)
19 May 2015alfiya (student) (133 Points)
19 May 2015
ROSHAN PAUL JOSEPH
(CA Final student)
(311 Points)
Replied 19 May 2015
Given 10% of goods were destroyed,
IP is 12500, therefore cost is 12500 / 125% = 10,000
therefore total cost of goods send = 10,000 / 10 * 100 = 100,000
therefore 75% of goods = 75000
IP at 125% = 93750
Surplus over IP = 100,000 - 93,750 = 6,250
Commission = 93750*10% + 6250*25% =10,937.5