Minakshi Sharma (student) (79 Points)
14 April 2010Kindly help me to solve this problem
x of kolkata sends out goods costing 100000 to y of mumbai at cost plus 25% consignor's expenses rs 2000 3/5th of goods sold were sold by the consignee at 85000 comission 2% on sales + 20% of gross sales less all comissions exceeds invoice value. amount of comission will be
3083
2000
2500
3000
sanjoy saha
(student)
(126 Points)
Replied 14 April 2010
COST OF GOODS =A=1,00,000
INVOICE VALUE OF A= 125000
INVOICE VALUE OF 3/5th GOODS SOLD=125000*3/5=75000
LET TOTAL COMMISSION BE X,
X= 2% OF Rs.85,000+ 20% OF (85,000-X-75000)
SOLVING, X=3083.00
CAclubindia
