CA CPT Mock Test - 1 (Session 1)

# CA CPT Mock Test - 1 (Session 1)

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## 100 Questions MCQ Test | CA CPT Mock Test - 1 (Session 1)

CA CPT Mock Test - 1 (Session 1) for CA Foundation 2022 is part of CA Foundation preparation. The CA CPT Mock Test - 1 (Session 1) questions and answers have been prepared according to the CA Foundation exam syllabus.The CA CPT Mock Test - 1 (Session 1) MCQs are made for CA Foundation 2022 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for CA CPT Mock Test - 1 (Session 1) below.
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CA CPT Mock Test - 1 (Session 1) - Question 1

### A sent some goods costing Rs. 3,500 at a profit of 25% on sale to B on sale or return basis. B returned goods costing to A Rs. 800. At the end of the accounting period i.e. on 31st December, 2016, the remaining goods were neither return nor were approved by him. The stock on approval will be shown in the balance sheet at

Detailed Solution for CA CPT Mock Test - 1 (Session 1) - Question 1

When unapproved goods are existing on last day of the year, then it should be included in closing stock and valued at cost and market value whichever is lower.

Cost of remaining goods = 3500−800=2700

Market value of remaining goods (including 25% profit on sale)= (2700/(100−25))×100=3600

So Stock on approval will be shown at 2700 in balance sheet.

CA CPT Mock Test - 1 (Session 1) - Question 2

### B Ltd. issued shares of Rs. 10 each. Mr. C purchased 30 shares and paid Rs. 2 on application but did not pay the allotment money of Rs. 3 and further call money. If the company forfeits his entire shares, the forfeiture account will be credited by

CA CPT Mock Test - 1 (Session 1) - Question 3

### A draws a bill on B for Rs. 30,000. A wants to endorse it to C in settlement of Rs. 35,000 at 2% discount with the help of B’s acceptance and balance in cash. How much cash A will pay to C?

CA CPT Mock Test - 1 (Session 1) - Question 4

P of Faridabad sent out goods costing Rs. 45,000 to Y of Delhi at cost + 33-1/3%. 1/10th of goods were lost in transit. 2/3rd of the goods received are sold at 20% above invoice price. The amount of sale value will be:

Detailed Solution for CA CPT Mock Test - 1 (Session 1) - Question 4

Cost of the goods sold = 45,000 × 2/3 × 9/10 = Rs. 27,000
Invoice value of the goods sold = 27,000 + 33.33% of 27,000 = 27,000 + 100/300 × 27,000 = 27,000 + 9,000 = Rs. 36,000
Sale price = 36,000 × 120/100 = Rs. 43,200

CA CPT Mock Test - 1 (Session 1) - Question 5

Rent paid on 1st October, 2015 for the year to 30th September, 2016 was Rs. 1,200 and rent paid on 1st October, 2016 for the year to 30th September, 2017 was Rs. 1,600. Rent paid, as shown in the profit and loss account for the year ended 31st December 2016, would be:

CA CPT Mock Test - 1 (Session 1) - Question 6

If repair cost is Rs. 25,000, whitewash expenses are Rs. 5,000, cost of extension of building is Rs. 2,50,000 and cost of improvement in electrical wiring system is Rs. 19,000; the amount to be expensed in the books will be

CA CPT Mock Test - 1 (Session 1) - Question 7

A company forfeited 1,000 shares of Rs. 20 each (which were issued at par) held by Mr. Mohan for non-payment of allotment money of Rs. 8 per share and further call money.  The called-up value per share was Rs. 18.  On forfeiture, the amount debited to share capital will be

CA CPT Mock Test - 1 (Session 1) - Question 8

It is essential to standardize the accounting principles and policies in order to ensure

CA CPT Mock Test - 1 (Session 1) - Question 9

G Ltd. acquired assets worth Rs. 7,50,000 from H Ltd. by issue of shares of Rs. 100 each at a premium of 25%.  The number of shares to be issued by G Ltd. to settle the purchase consideration of assets will be_________

CA CPT Mock Test - 1 (Session 1) - Question 10

The following information pertains to X Ltd. :

Equity share capital called up - Rs. 5,00,000; Calls in arrear - Rs. 40,000; Calls in advance - Rs. 25,000; and Rate of dividend - 15% The amount of dividend payable will be

CA CPT Mock Test - 1 (Session 1) - Question 11

The subscribed share capital of S Ltd. is Rs. 80,00,000 of Rs. 100 each.  There were no calls in arrear till the final call was made.  The final call made was paid on 77,500 shares.The calls in arrear amounted to Rs. 62,500.  The final call on each share will be_________

Detailed Solution for CA CPT Mock Test - 1 (Session 1) - Question 11

Here, total number shares issued is Rs 80,00,000/Rs 100 i.e. 80,000. Final call was paid on 77,500 which makes total shares on which call was not received to 80,000-77,500 i.e. 2,500. Calls in arrears were Rs 62,500, therefore final call here will be Rs 62,500/2500 i.e. Rs 25.

CA CPT Mock Test - 1 (Session 1) - Question 12

Ram’s acceptance to Dinesh for Rs 8,000 renewed for 3 months on the condition that Rs. 4,000 be paid in cash immediately and the remaining amount will carry interest @ 12% p.a.  The amount of interest will be _________

CA CPT Mock Test - 1 (Session 1) - Question 13

A and B entered into a Joint Venture.  A purchased goods costing Rs. 2,00,000, B sold 4/5th of the same for Rs. 2,50,000. Balance goods were taken over by B at cost less 20%.  If same set of books is maintained, find out profit on venture.

CA CPT Mock Test - 1 (Session 1) - Question 14

Amit Ltd. purchased a machine on 1.1.2016 for Rs 1,20,000.  Installation expenses were Rs. 10,000.  Residual value after 10 years Rs. 5,000.  On 01.07.2016, expenses for repairs were incurred to the extent of Rs. 2,000. Depreciation is provided under straight line method.  Annual Depreciation will be ________

Detailed Solution for CA CPT Mock Test - 1 (Session 1) - Question 14

Explanation : The total cost of the machinery purchased will be 120000 + 10000 expenses = 130000

Residual value = 5000

Time Period = 10 yrs

Annual Depreciation = (130000 - 5000)/10

= 12,500

CA CPT Mock Test - 1 (Session 1) - Question 15

Rs. 2,500 spent on the overhaul of a machine purchased s econd-hand is _________

Detailed Solution for CA CPT Mock Test - 1 (Session 1) - Question 15

Rs. 2,500 spent on the overhauling on purchase of second hand machinery to put it in working condition and to derive endurable long- term advantage is a capital expenditure.

CA CPT Mock Test - 1 (Session 1) - Question 16

Manufacturing account is prepared to

CA CPT Mock Test - 1 (Session 1) - Question 17

Financial statements only consider

CA CPT Mock Test - 1 (Session 1) - Question 18

If sales revenue is Rs. 4,00,000; cost of goods sold is Rs. 3,10,000 and expenses are Rs. 60,000, the gross profit is

CA CPT Mock Test - 1 (Session 1) - Question 19

A & B are partners sharing profits and losses in the ratio of 5:3.  After admission of C, new profit sharing ratio between A, B and C is 7:5:4.  The sacrificing ratio among A : B will be

CA CPT Mock Test - 1 (Session 1) - Question 20

Opening Stock – Rs. 20,000

Carriage on sales - Rs. 3,000

Closing Stock - Rs. 18,000

Rent of Office - Rs. 5,000

Purchases - Rs. 85,800

Sales - Rs. 1,40,700

Carriage on purchases - Rs. 2,300

Gross profit will be

CA CPT Mock Test - 1 (Session 1) - Question 21

When the shares are issued at premium and the premium amount has already received by the company. Later on, when such shares are forfeited.

Detailed Solution for CA CPT Mock Test - 1 (Session 1) - Question 21

When the shares are issued at premium and the company has received that premium at the time of forfeiture the Premium A/c remains unchanged.

This all is because the company cannot demand the premium again on forfeiture of shares even when they have received the amount due on premium.

CA CPT Mock Test - 1 (Session 1) - Question 22

X and Y share profits and losses in the ratio of 2 : 1.  They take Z as a partner and the new profit sharing ratio becomes 3 : 2 : 1.  Z brings Rs. 4,500 as premium for goodwill.The full value of goodwill will be

CA CPT Mock Test - 1 (Session 1) - Question 23

Annual insurance premium paid on January 1, 2015 was Rs. 2,400.  What will be the opening entry on April 01, 2015, if financial year ends on March, 31 every year.

CA CPT Mock Test - 1 (Session 1) - Question 24

Whenever errors are noticed in the accounting records, they should be rectified

CA CPT Mock Test - 1 (Session 1) - Question 25

In _______ method, depreciation is charged by allocating depreciable cost in proposition of the annual output to the probable life-time output.

CA CPT Mock Test - 1 (Session 1) - Question 26

Sundry debtors on 31st March 2016 are Rs. 55,200.  Further bad debts are Rs. 200. Provision for doubtful debts are to be made on debtors @ 5% and also provision of discount is to be made on debtors @ 2%.  The amount of provision of doubtful debts will be

CA CPT Mock Test - 1 (Session 1) - Question 27

The balance of machine on 31st March 2016 is Rs. 72,900 (after c harging depreciation of the year).  The machine was purchased on 1st April 2013 charging depreciation @ 10% p.a. by diminishing balance method. The cost price of the machine as on 1st April 2013 would be

CA CPT Mock Test - 1 (Session 1) - Question 28

Estimated life of an asset is 10 years and estimated scrap value is Rs. 3,200. Depreciation as per SLM is charged at Rs. 2,500 every year on the asset.  Find the cost of the asset.

CA CPT Mock Test - 1 (Session 1) - Question 29

R, J and D are partners sharing profits in the ratio 7:5:4. D died on 30th June 2016 and profits for the accounting year 2015-2016 were Rs. 24,000.  How much share in profits for the period 1st April 2016 to 30th June 2016 will be credited to D’s Account?

CA CPT Mock Test - 1 (Session 1) - Question 30

Mr. A is a partner in a firm along with Mr. B.  Both contributed capitals of Rs. 40,000 and Rs. 50,000 respectively on the 1st of July, 2016.  Interest on capital is to be charged @ 10% p.a. Books of account are to be closed on 31st December, 2016.  Interest on capital is

CA CPT Mock Test - 1 (Session 1) - Question 31

A purchased a computer costing Rs. 10,000.  Repairing expenses Rs. 1,000 and miscellaneous expenses Rs. 500 were incurred by him.  He sold the computer at 20% margin on selling price. The sales value will be

Detailed Solution for CA CPT Mock Test - 1 (Session 1) - Question 31

Cost of computer=10,000 + 1000 + 500 = 11,500

20% of selling price = 25% on cost price
selling price=11500 + 11500* 25%
=11500 + 2875
=14375

CA CPT Mock Test - 1 (Session 1) - Question 32

Following is the example of internal users of financial statements:

CA CPT Mock Test - 1 (Session 1) - Question 33

Unintentional omission or commission of amounts and accounts in the process of recording transactions are known as

CA CPT Mock Test - 1 (Session 1) - Question 34

At the time of admission of a new partner, if the value of goodwill is shown in the books, it is written back by ________

CA CPT Mock Test - 1 (Session 1) - Question 35

Mohit, the acceptor of the bill has to honour a bill on 31st March 2016.  Due to financial crisis, he is unable to pay the amount of bill of Rs. 20,000.  Therefore, he approaches Rohit on 20th March 2016 for extension of bill for further 3 months. Rohit agrees to extend the credit period by drawing a new bill for Rs. 20,500 together with interest of Rs. 1,000 in cash.  In this case, old bill of Rs. 20,000 will be considered as

CA CPT Mock Test - 1 (Session 1) - Question 36

E Ltd. had allotted 10,000 shares to the applicants of 14,000 shares on pro rata basis. The amount payable on application is Rs. 2. F applied for 420 shares.  Calculate the number of shares allotted and the amount carried forward for adjustment against allotment money due from F.

CA CPT Mock Test - 1 (Session 1) - Question 37

The bill of Rs. 10,000 accepted by Ritesh on 1 July 2016, was discounted by Hitesh on 15 July 2016 for Rs. 9,600. On 4th October 2016, the bill was dishonoured and bank notified it for Rs. 200. The amount to be received from Ritesh would be

CA CPT Mock Test - 1 (Session 1) - Question 38

Brave Ltd. issued 60,000 shares of Rs. 9 each. The application money was Rs. 2, allotment money was Rs. 4, and fir st call was of Re. 1. The amount of final call will be

CA CPT Mock Test - 1 (Session 1) - Question 39

Jadu Ltd. issued 2,000 shares, which were forfeited by crediting Share forfeiture account by Rs. 3,000. These shares were issued Rs. 9 per share. The amount to be transferred to Capital Reserve account will be

Detailed Solution for CA CPT Mock Test - 1 (Session 1) - Question 39

Bank A/c   Dr.(2000*9)    18,000
Share forfeiture A/c Dr.     2000
To Share Capital A/c (2000*10)     20,000
(Being forfeited shares re-issued)

Share Forfeiture A/c Dr.  1000
To Capital Reserve                 1000
(balance in share forfeiture account transferred to capital reserve)

CA CPT Mock Test - 1 (Session 1) - Question 40

In the bank reconciliation statement, when balance as per the cash book is taken as the starting point, then direct deposits from the customer of Rs. 2,500 in the bank will be

CA CPT Mock Test - 1 (Session 1) - Question 41

If a sales return of Rs. 1,500 has been wrongly posted to the credit of the purchase returns account, but has been correctly entered in the debtors’ account, the total of the

CA CPT Mock Test - 1 (Session 1) - Question 42

The total cost of goods available for sale with a company during the current year is Rs. 12,00,000 and total sales during the period is Rs. 13,00,000.  If the gross profit margin of the company is % on cost, the closing inventory during the current year is

CA CPT Mock Test - 1 (Session 1) - Question 43

On 31st March 2016, Suraj has to pay to M/s Chandr a and Co. Rs. 7,000 on account of credit purchase from the later. He paid Rs. 1,800 on 30th June 2016 after availing a cash discount of 10%.  On 30th September 2016, he paid Rs. 2,850 after availing 5% cash discount.  On account of final settlement, the amount to be paid by Suraj without any discount will be

CA CPT Mock Test - 1 (Session 1) - Question 44

Which of the following is not a transaction?

CA CPT Mock Test - 1 (Session 1) - Question 45

Following figures have been taken from the trial balance of a trader: Purchases Rs. 30,000 Purchase Returns Rs. 5,000 Sales Rs. 40,000 Sales Returns Rs. 5,000 The amount of profit will be

CA CPT Mock Test - 1 (Session 1) - Question 46

Radha, Seeta and Laxmi were partners sharing profits and losses in the ratio of 2:3:5. Seeta retired on 1 st June, 2016 and Goodwill of the firm is t o be valued at Rs. 1,20,000 on that date. What will be the treatment for Goodwill ?.

CA CPT Mock Test - 1 (Session 1) - Question 47

The date of maturity of bill is 10th October, 2016.  The Government of India suddenly declared 10th October, 2016 as the holiday under the Negotiable Instruments Act, then the bill will mature on _________

CA CPT Mock Test - 1 (Session 1) - Question 48

On 1.1.2016, a machine costing Rs. 10, 000 and a piece of furniture costing Rs. 20,000 was purchased. Depreciation is provided @ 5% p.a. on furniture and 10% per annum on machine.  The depreciation for the year ended 31st March, 2016 should be:

CA CPT Mock Test - 1 (Session 1) - Question 49

Mr. A sent 250 units costing Rs. 10,000 each to Mr. B. Mr. B sold 150 units @ Rs. 14,200 per unit on credit and 75 units @ Rs. 14,000 for cash.  Mr. B is entitled to a commission Rs.500 per unit.  The amount of commission will be:

CA CPT Mock Test - 1 (Session 1) - Question 50

Gama Ltd. issued 10,000, 10% debentures of Rs. 100 each at a discount of 10%.  The entire amount is payable on application.  Application were received for 12,000 debentures. The allotment of debentures was made on 10th October, 2016.  The amount which should be credited to the debentures account on 10th October, 2016 will be:

CA CPT Mock Test - 1 (Session 1) - Question 51

On January 1, 2016 Victory Lt d., purchased a second hand machinery for Rs. 50,000 and spend Rs. 2,000 as shipping and forwarding charges, Rs. 1,000 as import duty, Rs. 1,000 as carriage inwards, Rs. 500 is repair charges, Rs. 200 as installation charges, Rs. 400 as brokerage of the middle man and Rs. 100 for an iron pad. Total cost of machinery is

CA CPT Mock Test - 1 (Session 1) - Question 52

If bank balance as per cash book differs from that appearing in the current account statement, then the balance considered for finalizing the accounts is of

CA CPT Mock Test - 1 (Session 1) - Question 53

A company issued 1,00,000 equity shares of Rs. 10 each at a premi um of Rs. 2 and 5,000 10% Debentures of Rs. 100 each at 10% discount.  All the shares and debentures were subscribed and allotted by crediting 10% Debentures account with

CA CPT Mock Test - 1 (Session 1) - Question 54

3,000 shares of Rs. 10 each of Krishna were forfeited by crediting Rs. 5,000 to share forfeiture account.  Out of these, 1,800 shares were re-issued to Radhe for Rs. 9 per share.  The amount to be transferred to capital reserve account will be

CA CPT Mock Test - 1 (Session 1) - Question 55

He, She and Me are partners in a firm sharing profits and losses in the ratio of 5:3:2. Firm took Separate Life Policy of Rs. 50,000, Rs. 1,00,000 and Rs. 1,50,000 for He, She and Me respectively.  The share of Me in the policy will be:

CA CPT Mock Test - 1 (Session 1) - Question 56

Find the goodwill of the firm using capitalization method from the following information: Total capital employed in the firm Rs. 80,00,000 Reasonable rate of return 15% Profits for the year Rs. 12,00,000

Detailed Solution for CA CPT Mock Test - 1 (Session 1) - Question 56

CA CPT Mock Test - 1 (Session 1) - Question 57

Opening stock of the year is Rs. 20,000, Goods purchased during the year is Rs. 1,00,000, Carriage Rs. 2,000 and Selling expenses Rs. 2,000. Sales during the year is Rs. 1,50,000 and closing stock is Rs. 25,000.  The gross profit will be:

CA CPT Mock Test - 1 (Session 1) - Question 58

Depreciable amount of the machinery is Rs. 11,00,000.  The mach ine is expected to produce 30 lakhs units in its 10 year life and expected distribution of production units is as follows: 1-3 year 5 lacs units each year 4-6 year 3 lacs units each year 7-10 year 1.5 lacs units each year. Annual depreciation for 1-3 year, using production units method will be ______

CA CPT Mock Test - 1 (Session 1) - Question 59

18% investment of Rs. 1,00,000 and interest received on investment Rs. 15,000 have been given in the trial balance for the period ended on 31.3.2016.  The amount of interest outstanding in the final accounts will be ______

CA CPT Mock Test - 1 (Session 1) - Question 60

If the profit is 25% of the cost price then it is

Detailed Solution for CA CPT Mock Test - 1 (Session 1) - Question 60

Let CP = 100
SP = 100 + 25% of 100 = 125
Profit = 25
% of Profit on SP = (25 * 100)/125 = 20%

CA CPT Mock Test - 1 (Session 1) - Question 61

Which of the following statement is true?

CA CPT Mock Test - 1 (Session 1) - Question 62

An auction sale is complete on the

CA CPT Mock Test - 1 (Session 1) - Question 63

A minor is

CA CPT Mock Test - 1 (Session 1) - Question 64

A contract is discharged by novation which means the

CA CPT Mock Test - 1 (Session 1) - Question 65

In case of anticipatory breach, the aggrieved party may treat the contract

CA CPT Mock Test - 1 (Session 1) - Question 66

Generally, the following damages are not recoverable?

CA CPT Mock Test - 1 (Session 1) - Question 67

A, by a letter dated 25th December, 2008, offers to sell his house to B for Rs. 10 lakhs. The letter reaches B on 27th December, 2008, who posts his acceptance on 28th December, 2008 which reaches A on 30th December, 2008. Here, the communication of offer is complete on

CA CPT Mock Test - 1 (Session 1) - Question 68

Where the consent of a party is obtained by misrepresentation, the contract is

CA CPT Mock Test - 1 (Session 1) - Question 69

The unpaid seller has right of stoppage of goods in transit only where the buyer

CA CPT Mock Test - 1 (Session 1) - Question 70

Goods which are in existence at the time of the Contract of Sale is known as

CA CPT Mock Test - 1 (Session 1) - Question 71

The doctrine of Caveat Emptor does not apply, when

CA CPT Mock Test - 1 (Session 1) - Question 72

Where the goods are delivered to a carrier or wharfinger for the purpose of transmission to the buyer, the delivery is

CA CPT Mock Test - 1 (Session 1) - Question 73

A partner can retire on:

CA CPT Mock Test - 1 (Session 1) - Question 74

Moral pressure is involved in the case of

CA CPT Mock Test - 1 (Session 1) - Question 75

Death of partner has the effect of:

CA CPT Mock Test - 1 (Session 1) - Question 76

When the consent of a party is not free, the contract is

CA CPT Mock Test - 1 (Session 1) - Question 77

Which of the following acts are not included in the implied authority of a partner?

CA CPT Mock Test - 1 (Session 1) - Question 78

An offer may lapse by:

CA CPT Mock Test - 1 (Session 1) - Question 79

A new partner can be admitted in the firm with the consent of

CA CPT Mock Test - 1 (Session 1) - Question 80

A void agreement is one which is

CA CPT Mock Test - 1 (Session 1) - Question 81

A agrees to pay Rs. One Lakh to B if he brings on earth a star from sky. This is a contingent contract and

CA CPT Mock Test - 1 (Session 1) - Question 82

A minor’s liability for necessaries supplied to him

CA CPT Mock Test - 1 (Session 1) - Question 83

Which of the following is not the right of a partner i.e., which he cannot claim as a matter of right?

CA CPT Mock Test - 1 (Session 1) - Question 84

In case of illegal agreements, the collateral agreements are:

CA CPT Mock Test - 1 (Session 1) - Question 85

Under the doctrine of Caveat Emptor the seller is

CA CPT Mock Test - 1 (Session 1) - Question 86

Which of the following persons can perform the contract?

CA CPT Mock Test - 1 (Session 1) - Question 87

A partner may be expelled from the firm on the fulfillment of the condition that the expulsion power is exercised.

CA CPT Mock Test - 1 (Session 1) - Question 88

Which one of the following is /are documents of title to goods?

CA CPT Mock Test - 1 (Session 1) - Question 89

On which of the following grounds, a partner may apply to the court for dissolution of the firm?

CA CPT Mock Test - 1 (Session 1) - Question 90

Mercantile Agent is having an authority to

CA CPT Mock Test - 1 (Session 1) - Question 91

Acceptance of delivery of goods is deemed to take place when the buyer

CA CPT Mock Test - 1 (Session 1) - Question 92

When the unpaid seller has parted with the goods to a carrier and the buyer has become insolvent he can exercise

CA CPT Mock Test - 1 (Session 1) - Question 93

If the buyer rejects the whole quantity of goods due to short delivery or excess delivery, the contract is treated as

CA CPT Mock Test - 1 (Session 1) - Question 94

An unregistered firm cannot claim

CA CPT Mock Test - 1 (Session 1) - Question 95

Which of the following is not an exception to the rule - No Consideration, No contract

CA CPT Mock Test - 1 (Session 1) - Question 96

Active partner is one who:

CA CPT Mock Test - 1 (Session 1) - Question 97

Which of the following is false? An acceptance:

CA CPT Mock Test - 1 (Session 1) - Question 98

The term “goods” under Sale of Goods Act, 1930 does  not include

CA CPT Mock Test - 1 (Session 1) - Question 99

A contract with the minor, which is beneficial for him, is

CA CPT Mock Test - 1 (Session 1) - Question 100

Which one of the following is not an implied warranty

Detailed Solution for CA CPT Mock Test - 1 (Session 1) - Question 100

Implied Warrants:

1.Warranty as to undisturbed possession [Section 14(b)]:An implied warranty that the buyer shall have and enjoy quiet possession of the goods. That is to say, if the buyer having got possession of the goods, is later on disturbed in his possession, he is entitled to sue the seller for the breach of the warranty.

2.Warranty as to non-existence of encumbrances [Section 14(c)]:An implied warranty that the goods shall be free from any charge or encumbrance in favour of any third party not declared or known to the buyer before or at the time the contract is entered into.

3.Warranty as to quality or fitness by usage of trade [Section 16(3)].An implied warranty as to quality or fitness for a particular purpose may be annexed by the usage of trade.

4.Warranty to disclose dangerous nature of goods:Where a person sells goods, knowing that the goods are inherently dangerous or they are likely to be dangerous to the buyer and that the buyer is ignorant of the danger, he must warn the buyer of the probable danger, otherwisehe will be liable in damages.

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