Commerce Exam  >  Commerce Questions  >  Goods costing rupees 50000 sold at a profit o... Start Learning for Free
Goods costing rupees 50000 sold at a profit of 25% out of which rupees 27500 received?
Most Upvoted Answer
Goods costing rupees 50000 sold at a profit of 25% out of which rupees...



Cost and Selling Price Calculation:
- Cost of goods = Rs. 50,000
- Profit percentage = 25%
- Selling price = Cost + Profit = Rs. 50,000 + (25% of Rs. 50,000) = Rs. 62,500

Amount Received:
- Amount received = Rs. 27,500

Explanation:
- The cost of the goods was Rs. 50,000, and a profit of 25% was added to it, making the selling price Rs. 62,500.
- Out of this selling price, only Rs. 27,500 was received, which means that the remaining amount of Rs. 35,000 (Rs. 62,500 - Rs. 27,500) is still pending.
- The difference between the selling price and the amount received is due to factors such as discounts, credit sales, or partial payments made by the buyer.

Attention Commerce Students!
To make sure you are not studying endlessly, EduRev has designed Commerce study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Commerce.
Explore Courses for Commerce exam

Top Courses for Commerce

Goods costing rupees 50000 sold at a profit of 25% out of which rupees 27500 received?
Question Description
Goods costing rupees 50000 sold at a profit of 25% out of which rupees 27500 received? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Goods costing rupees 50000 sold at a profit of 25% out of which rupees 27500 received? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Goods costing rupees 50000 sold at a profit of 25% out of which rupees 27500 received?.
Solutions for Goods costing rupees 50000 sold at a profit of 25% out of which rupees 27500 received? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
Here you can find the meaning of Goods costing rupees 50000 sold at a profit of 25% out of which rupees 27500 received? defined & explained in the simplest way possible. Besides giving the explanation of Goods costing rupees 50000 sold at a profit of 25% out of which rupees 27500 received?, a detailed solution for Goods costing rupees 50000 sold at a profit of 25% out of which rupees 27500 received? has been provided alongside types of Goods costing rupees 50000 sold at a profit of 25% out of which rupees 27500 received? theory, EduRev gives you an ample number of questions to practice Goods costing rupees 50000 sold at a profit of 25% out of which rupees 27500 received? tests, examples and also practice Commerce tests.
Explore Courses for Commerce exam

Top Courses for Commerce

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev