Question

goods costing 580000 were sent on consignment basis. goods are invoiced at 125% of the cost price the invoice price and the loading will be
​

Answer 1

Explanation:

invoice price of goods = cost + loading on cost = Rs. 5,80,000 + (Rs, 5,80,000 x 25%) = Rs. 5,80,000 + Rs. 1,45,000 = Rs. 7,25,000