Question

A of Assam sent goods costing ₹45000 to K of Kolkata at cost plus 33 1/3% .1/5 of the goods were lost in transit and the remaining was sold at profit of 20% on invoice price. Find the values of sales​

Answer 1

Answer:

Hi..... The answer is 43,200.00 Working- 45000+15000=60000 Invoice price (45000*1/3=15000) Goods lost 60000*1/10=6000 IP Of goods sent to Consignee = 60000-6000 = 54000 Goods sold by consignee is 2/3 at 20% above IP. i.e. 54000.00*2/3 = 36000 36000+20% 36000+7200 = 43200 Hope this helps... Thank you.