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A consignee sold goods costing Rs. 50,000 at a profit of Rs. 10,000. Out of total sale 30% was credit sale. As per the agreement the consignee will get 5% ordinary commission, 2% del-credere commission on credit sale and 3% over-riding commission on amount in excess of cost price. The amount of commission will be (a) Rs. 3,540 (b) Rs.3,840 (c) Rs.4,500 (d) Rs.3,000? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared
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Here you can find the meaning of A consignee sold goods costing Rs. 50,000 at a profit of Rs. 10,000. Out of total sale 30% was credit sale. As per the agreement the consignee will get 5% ordinary commission, 2% del-credere commission on credit sale and 3% over-riding commission on amount in excess of cost price. The amount of commission will be (a) Rs. 3,540 (b) Rs.3,840 (c) Rs.4,500 (d) Rs.3,000? defined & explained in the simplest way possible. Besides giving the explanation of
A consignee sold goods costing Rs. 50,000 at a profit of Rs. 10,000. Out of total sale 30% was credit sale. As per the agreement the consignee will get 5% ordinary commission, 2% del-credere commission on credit sale and 3% over-riding commission on amount in excess of cost price. The amount of commission will be (a) Rs. 3,540 (b) Rs.3,840 (c) Rs.4,500 (d) Rs.3,000?, a detailed solution for A consignee sold goods costing Rs. 50,000 at a profit of Rs. 10,000. Out of total sale 30% was credit sale. As per the agreement the consignee will get 5% ordinary commission, 2% del-credere commission on credit sale and 3% over-riding commission on amount in excess of cost price. The amount of commission will be (a) Rs. 3,540 (b) Rs.3,840 (c) Rs.4,500 (d) Rs.3,000? has been provided alongside types of A consignee sold goods costing Rs. 50,000 at a profit of Rs. 10,000. Out of total sale 30% was credit sale. As per the agreement the consignee will get 5% ordinary commission, 2% del-credere commission on credit sale and 3% over-riding commission on amount in excess of cost price. The amount of commission will be (a) Rs. 3,540 (b) Rs.3,840 (c) Rs.4,500 (d) Rs.3,000? theory, EduRev gives you an
ample number of questions to practice A consignee sold goods costing Rs. 50,000 at a profit of Rs. 10,000. Out of total sale 30% was credit sale. As per the agreement the consignee will get 5% ordinary commission, 2% del-credere commission on credit sale and 3% over-riding commission on amount in excess of cost price. The amount of commission will be (a) Rs. 3,540 (b) Rs.3,840 (c) Rs.4,500 (d) Rs.3,000? tests, examples and also practice CA Foundation tests.