Question

Mr. Sumith sends goods costing Rs.10,00,000 to Mr.Sujay on consignment basis. Mr. Sujay sold 1/4th of the goods on cash basis and 3/4th on credit basis. Mr. Sujay is entitled for a commission of 4% on sales and 7% on Del Credere commission, Calculate the amount of Del Credere commission payable to him
a )70000
b)5250
c) 8250
d) 11000




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Answer 1

Answer:

c 8250 is the right answer