Goods Costing Rs. 2,00,000 sent out of consignee at Cost Plus 25%. Invoice Value of Goods will be ___
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4
Answer:
Explanation:
200000×25%
=
Answered by
8
Explanation:
Cost of goods = Rs. 2,00,000
loading = Cost Plus 25%.
Invoice amount = cost + profit
=> Invoice amount = 2,00,000 + 25% of cost
=> Invoice amount = 2,00,000 + 25/100 × 2,00,000
=> Invoice amount = 2,00,000 + 50,000
Invoice amount = 2,50,000
∴ Invoice Value of Goods will be Rs. 2,50,000
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