consignment
A sends out good costing Rs 200 000 to B. Consinors expenses Rs 5000 . Consignee's expenses in relatio to sales Rs 3000 . 4/5 th goods were sold at 20% above cost. The profit on consignment will be : a) 25 000 b) 31 000 c)25 200 d)5000
- Rabindra
- 30 Aug
- 10 Answers
10 Answers
10 Answers
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First you have to add consignor expense in 200000 then calculate 4/5th of 205000 so we will get 164000 calculate sales to add 20% of 164000 in the same . so we get sales 196800.and the remaining 1/5th stocks become closing stock. Then add both sales and closing stock and we get 237800. And other side add 205000 and 8000 so we have 213000. And then subtract 213000 from 237800. then we get profit of 24800.1Modal content
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a) 25000-1Modal content
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b0Modal content
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250000Modal content
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250000Modal content
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25k0Modal content
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25000-1Modal content
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25,000 is the correct answer dude..no doubt... we should add consigors exp on cl. stock as well :)-1Modal content
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Ans is 24000-1Modal content
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I think answer is 29800 this is not in option-3Modal content
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