Question

Mumbai Q.No.14. Komal Traders consigned 400
Das of boxes of lipsticks each box containing 100
st of oil lipsticks to Rose Traders. The cost price of
Mill paid each box was Rs.600.
Komal Traders spent Rs.10 per box as
1 were freight and insurance. 10 boxes were lost in
insurer transit and Komal Traders lodged claim
in full with insurance company and received
very of Rs.3,600 as claim for the loss of boxes.
ediately Rose Traders took delivery of rest of boxes
Swastik and paid Rs.3,900 as octroi and Rs.7,800 as
aths on selling expenses.
Rose Traders sold 300 boxes at Rs.10 per
ce
e sold lipstick. They are entitled to a selling
commission at 5% and del credere
commission at 2% on sale. Rose Traders
remitted bills receivable to Komal Traders
2000.
for the balance due on sale of consignment.
6 plus Prepare Consignment alc & Rose a/c in
Komal Traders. Answer: Profit=85 200
le to​

Answer 1

Answer:

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