Question 4: A consignee is entitled to
a 10% ordinary and a 5% delcredere
commission. If cash sales are Rs.
50,000 and credit sales are Rs.25,000,
the total commission would be:
Answers
Given : A consignee is entitled to a 10% ordinary and a 5% del credere
commission.
cash sales are Rs. 50,000 and credit sales are Rs.25,000,
To Find : the total commission
Solution:
Del credere commission is related to credit sales.
cash sales are Rs. 50,000
consignee is entitled to a 10% ordinary commission
Hence commission = (10/100) 50000 = 5000 Rs
credit sales are Rs.25,000,
consignee is entitled to 5% del credere commission.
Hence commission = (5/100) 25000 = 1250 Rs
Total Commission = 5000 + 1250 = Rs 6250
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