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X of Kolkata sent out 2000 boxes costing 100 each with the instruction that sales are to be made at cost 45%. X draws a bill on Y for an amount equivalent to 60% of sales value. The amount of bill will be (a) Rs.1,74,000 (b) Rs.2,00,000 (c) Rs.2,90,000 (d) Rs.1,20,000?
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X of Kolkata sent out 2000 boxes costing 100 each with the instruction...
Calculation of Cost Price and Selling Price
To calculate the amount of the bill drawn by X on Y, we need to first calculate the cost price and selling price of each box sold:
Cost price of each box = 100
Sales price of each box = 100 + 45% of 100 = 145
Total sales value = 2000 x 145 = 2,90,000
Calculation of Amount of Bill
X draws a bill on Y for an amount equivalent to 60% of sales value:
Amount of bill = 60% of 2,90,000 = Rs. 1,74,000
Therefore, the amount of bill drawn by X on Y is Rs. 1,74,000.
Explanation
The question requires us to calculate the amount of a bill drawn by X on Y, given the cost price and sales instructions provided. We first calculated the cost price and selling price of each box sold, and then multiplied the selling price by the number of boxes sold to arrive at the total sales value. We then calculated the amount of the bill by multiplying the sales value by 60%, as per the instructions given in the question. The final answer is Rs. 1,74,000.
To calculate the amount of the bill drawn by X on Y, we need to first calculate the cost price and selling price of each box sold:
Cost price of each box = 100
Sales price of each box = 100 + 45% of 100 = 145
Total sales value = 2000 x 145 = 2,90,000
Calculation of Amount of Bill
X draws a bill on Y for an amount equivalent to 60% of sales value:
Amount of bill = 60% of 2,90,000 = Rs. 1,74,000
Therefore, the amount of bill drawn by X on Y is Rs. 1,74,000.
Explanation
The question requires us to calculate the amount of a bill drawn by X on Y, given the cost price and sales instructions provided. We first calculated the cost price and selling price of each box sold, and then multiplied the selling price by the number of boxes sold to arrive at the total sales value. We then calculated the amount of the bill by multiplying the sales value by 60%, as per the instructions given in the question. The final answer is Rs. 1,74,000.
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X of Kolkata sent out 2000 boxes costing 100 each with the instruction that sales are to be made at cost 45%. X draws a bill on Y for an amount equivalent to 60% of sales value. The amount of bill will be (a) Rs.1,74,000 (b) Rs.2,00,000 (c) Rs.2,90,000 (d) Rs.1,20,000?
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X of Kolkata sent out 2000 boxes costing 100 each with the instruction that sales are to be made at cost 45%. X draws a bill on Y for an amount equivalent to 60% of sales value. The amount of bill will be (a) Rs.1,74,000 (b) Rs.2,00,000 (c) Rs.2,90,000 (d) Rs.1,20,000? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about X of Kolkata sent out 2000 boxes costing 100 each with the instruction that sales are to be made at cost 45%. X draws a bill on Y for an amount equivalent to 60% of sales value. The amount of bill will be (a) Rs.1,74,000 (b) Rs.2,00,000 (c) Rs.2,90,000 (d) Rs.1,20,000? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for X of Kolkata sent out 2000 boxes costing 100 each with the instruction that sales are to be made at cost 45%. X draws a bill on Y for an amount equivalent to 60% of sales value. The amount of bill will be (a) Rs.1,74,000 (b) Rs.2,00,000 (c) Rs.2,90,000 (d) Rs.1,20,000?.
X of Kolkata sent out 2000 boxes costing 100 each with the instruction that sales are to be made at cost 45%. X draws a bill on Y for an amount equivalent to 60% of sales value. The amount of bill will be (a) Rs.1,74,000 (b) Rs.2,00,000 (c) Rs.2,90,000 (d) Rs.1,20,000? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about X of Kolkata sent out 2000 boxes costing 100 each with the instruction that sales are to be made at cost 45%. X draws a bill on Y for an amount equivalent to 60% of sales value. The amount of bill will be (a) Rs.1,74,000 (b) Rs.2,00,000 (c) Rs.2,90,000 (d) Rs.1,20,000? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for X of Kolkata sent out 2000 boxes costing 100 each with the instruction that sales are to be made at cost 45%. X draws a bill on Y for an amount equivalent to 60% of sales value. The amount of bill will be (a) Rs.1,74,000 (b) Rs.2,00,000 (c) Rs.2,90,000 (d) Rs.1,20,000?.
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