Ramshackle of ludhiana consigned 2000 cycles to ganesh of jalandhar in...
Expenses incurred by Ganesh on the consignment from Ramshackle of Ludhiana are as follows:
Transportation Expenses:
- Ganesh paid Rs. 4000 for the transportation of the consignment from Ludhiana to Jalandhar.
Unloading Expenses:
- Ganesh paid Rs. 1000 for unloading the consignment from the transport vehicle.
Storage Expenses:
- Ganesh paid Rs. 5000 as rent for storing the consignment for a month.
Selling Expenses:
- Ganesh incurred Rs. 5000 as selling expenses, which includes advertising, commission, and other charges.
Total Expenses:
- The total expenses incurred by Ganesh on the consignment are Rs. 15000 (4000+1000+5000+5000).
Profit Earned:
- The total revenue earned by Ganesh on the consignment is Rs. 30,00,000 (1500 x 2000).
- After deducting the total expenses of Rs. 15000, Ganesh earned a profit of Rs. 29,85,000.
Conclusion:
- Ganesh incurred transportation, unloading, storage, and selling expenses on the consignment received from Ramshackle of Ludhiana.
- After deducting the expenses, Ganesh earned a profit of Rs. 29,85,000 on the consignment.