Question

If the goods sent to brance at cost price is 150.000at 25%profit on invoice price ,then invoic price of goods sent is

Answer 1

Explanation:

So, invoice price of goods = cost + loading on cost = Rs. 1,50,000 + ( Rs, 1,50,000 x 25/(100-25) ) = Rs. 1,50,000 + Rs. 50,000 = Rs. 2,00,000.