X of Kolkata sends out goods costing Rs.3,00,000 to Y of Delhi. Goods are to be sold
at cost + 331/3%. The consignor asked consignee to pay an advance for an amount
equivalent to 60% of sales value. The amount of advance will be:
a) Rs. 2,40,000 b) Rs.2,00,000 c) Rs.3,00,000 d) None
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Answer:
3,00,000
Explanation:
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