Question

Rajesh consign goods on Invoice price 100000 consignee sold same on 25% what is the Extra commission if rate is 10% Answer A. Rs. 12500 B. Rs 10000 C. Rs. 6000 D. Rs.21000​

Answer 1

Answer:

Correct option is A)

Cost of goods sold =

5

3

×1,00,000=Rs.60,000

Selling Price of goods sold =Rs.70,000

Ordinary Commission =2% on Rs.70,000=Rs.1,400

Now, Let the extra commission be Rs.X

Therefore, According to Problem :

X=20%[(70,000−1,400−X)−60,000]

or, X=

5

1

×(8,600−X)

or, 5X=8,600−X

or, X=

6

8,600

=1,4233

Therefore, Total Commission =Rs.(1,400+1,433)=Rs.2,833