Imprest amount Rs 5,000. What will be the re-imbursement if following expenses were incurred by the petty cashier during the month -wages =Rs.1450,tiffin=Rs.1050,small repairs=Rs.500,general expenses=Rs.400
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Answer:
10%
Step-by-step explanation:
C.P=Rs.750
Overhead charges =Rs.50
total CP=750+50=Rs.800
Profit= Rs.80
S.P = 800+80 =880
Hence
Percentage Profit
(800/80-1)×100
0.1×100 =10%
Hence, the answer is 10%
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