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Fena sent out certain goods to Kena of Delhi. 1/10 of the goods were lost in transit. Invoice value of goods lost Rs 25,000. Invoice value of goods sent out on consignment will be: (a) Rs.2,50,000 (b) Rs.25,000 (c) Rs.2,500 (d) Rs.1,25,000?
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Fena sent out certain goods to Kena of Delhi. 1/10 of the goods were l...
Calculation:
To find out the invoice value of goods sent out on consignment, we need to calculate the total value of goods sent out before any loss occurred.
Given:
Loss in transit = 1/10 of the goods
Invoice value of goods lost = Rs 25,000
Step 1: Calculate the total value of goods before any loss:
Let the total value of goods sent out be 'x'
As per the given information, 1/10 of the goods were lost. So, the remaining goods will be 9/10 of the total goods.
Therefore, the value of goods sent out before any loss = 9/10 * x
Step 2: Calculate the value of goods lost:
The value of goods lost = Rs 25,000
Step 3: Calculate the value of goods sent out:
The value of goods sent out = Value of goods before any loss - Value of goods lost
= (9/10 * x) - Rs 25,000
Step 4: Calculate the invoice value of goods sent out on consignment:
The invoice value of goods sent out on consignment will be the same as the value of goods sent out, as mentioned in Step 3.
Therefore, the invoice value of goods sent out on consignment = (9/10 * x) - Rs 25,000
Conclusion:
The invoice value of goods sent out on consignment is (9/10 * x) - Rs 25,000.
To find out the invoice value of goods sent out on consignment, we need to calculate the total value of goods sent out before any loss occurred.
Given:
Loss in transit = 1/10 of the goods
Invoice value of goods lost = Rs 25,000
Step 1: Calculate the total value of goods before any loss:
Let the total value of goods sent out be 'x'
As per the given information, 1/10 of the goods were lost. So, the remaining goods will be 9/10 of the total goods.
Therefore, the value of goods sent out before any loss = 9/10 * x
Step 2: Calculate the value of goods lost:
The value of goods lost = Rs 25,000
Step 3: Calculate the value of goods sent out:
The value of goods sent out = Value of goods before any loss - Value of goods lost
= (9/10 * x) - Rs 25,000
Step 4: Calculate the invoice value of goods sent out on consignment:
The invoice value of goods sent out on consignment will be the same as the value of goods sent out, as mentioned in Step 3.
Therefore, the invoice value of goods sent out on consignment = (9/10 * x) - Rs 25,000
Conclusion:
The invoice value of goods sent out on consignment is (9/10 * x) - Rs 25,000.
Community Answer
Fena sent out certain goods to Kena of Delhi. 1/10 of the goods were l...
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Fena sent out certain goods to Kena of Delhi. 1/10 of the goods were lost in transit. Invoice value of goods lost Rs 25,000. Invoice value of goods sent out on consignment will be: (a) Rs.2,50,000 (b) Rs.25,000 (c) Rs.2,500 (d) Rs.1,25,000?
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Fena sent out certain goods to Kena of Delhi. 1/10 of the goods were lost in transit. Invoice value of goods lost Rs 25,000. Invoice value of goods sent out on consignment will be: (a) Rs.2,50,000 (b) Rs.25,000 (c) Rs.2,500 (d) Rs.1,25,000? 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 Fena sent out certain goods to Kena of Delhi. 1/10 of the goods were lost in transit. Invoice value of goods lost Rs 25,000. Invoice value of goods sent out on consignment will be: (a) Rs.2,50,000 (b) Rs.25,000 (c) Rs.2,500 (d) Rs.1,25,000? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Fena sent out certain goods to Kena of Delhi. 1/10 of the goods were lost in transit. Invoice value of goods lost Rs 25,000. Invoice value of goods sent out on consignment will be: (a) Rs.2,50,000 (b) Rs.25,000 (c) Rs.2,500 (d) Rs.1,25,000?.
Fena sent out certain goods to Kena of Delhi. 1/10 of the goods were lost in transit. Invoice value of goods lost Rs 25,000. Invoice value of goods sent out on consignment will be: (a) Rs.2,50,000 (b) Rs.25,000 (c) Rs.2,500 (d) Rs.1,25,000? 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 Fena sent out certain goods to Kena of Delhi. 1/10 of the goods were lost in transit. Invoice value of goods lost Rs 25,000. Invoice value of goods sent out on consignment will be: (a) Rs.2,50,000 (b) Rs.25,000 (c) Rs.2,500 (d) Rs.1,25,000? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Fena sent out certain goods to Kena of Delhi. 1/10 of the goods were lost in transit. Invoice value of goods lost Rs 25,000. Invoice value of goods sent out on consignment will be: (a) Rs.2,50,000 (b) Rs.25,000 (c) Rs.2,500 (d) Rs.1,25,000?.
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Fena sent out certain goods to Kena of Delhi. 1/10 of the goods were lost in transit. Invoice value of goods lost Rs 25,000. Invoice value of goods sent out on consignment will be: (a) Rs.2,50,000 (b) Rs.25,000 (c) Rs.2,500 (d) Rs.1,25,000?, a detailed solution for Fena sent out certain goods to Kena of Delhi. 1/10 of the goods were lost in transit. Invoice value of goods lost Rs 25,000. Invoice value of goods sent out on consignment will be: (a) Rs.2,50,000 (b) Rs.25,000 (c) Rs.2,500 (d) Rs.1,25,000? has been provided alongside types of Fena sent out certain goods to Kena of Delhi. 1/10 of the goods were lost in transit. Invoice value of goods lost Rs 25,000. Invoice value of goods sent out on consignment will be: (a) Rs.2,50,000 (b) Rs.25,000 (c) Rs.2,500 (d) Rs.1,25,000? theory, EduRev gives you an
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