Question

Goods sent on consignment Rs 7,60,000. Opening consignment stock Rs 48,000. Cash sales Rs 7,50,000. Consignor's expenses Rs 30,000. Consignee's expenses Rs 22,000. Commission Rs 20,000. Closing consignment stock Rs 2,70,000. The profit on consignment is ___________.​

Answer 1

Answer:

THE ANS IS ₹ 3,80,000

= 48,000+7,50,000+30,000+22,000+20,000+2,70,000= 1,140,000

= 1,140,000 - 7,60,00

= 3,80,000

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