Question

goods costing 1,80,000 sent out of costing to show a profit of 20% on cost The loading amount wil be​

Answer 1

Explanation:

profit of 20% on cost = loading amount

goods costing 1,80,000

Invoice price = cost + Profit

Invoice price = 1,80,000 + 20% on cost

loading amount = 1,80,000 × 20/100

loading amount = 36,000

∴The loading amount wil be 36,000