Question

A purchase goods costing 260000 for joint venture with b b is always a part of the goods are cost plus 25% on cost for 250000 balance of the goods were taken over by b at cost less 10% find out the profit and loss on joint venture​

Answer 1

Answer:200000×4/5=160000.(250000-160000)=90000.profit on sale(200000×1/5)=40000-20℅=32000.(40000-80℅)=8000.90000-32000-8000=50000.

Explanation:how 20 percent is come 25/100=1/4 on cost price;then cost price is convert into selling price one amt is less 1/5×100=20 percent