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Bharti consigned to Bhavna 1500 kgs of floor costing 4500 she spent rupees 307 is forwarding charges 5% of the consignment was lost in weighing Bhavna salt 1 3 5 0 kg of floor 8 rupees 4 kg her sailing expenses being rupees 550 and commission of 12.5 percent on sales value of closing stock will be?
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Bharti consigned to Bhavna 1500 kgs of floor costing 4500 she spent ru...
Calculation of Sales Value

Total Cost of Consignment = Cost of Flour + Forwarding Charges
= 4500 + (5% of 4500)
= 4725

Weight of Flour Received by Bhavna = Weight of Flour Consigned - Loss in Weighing
= 1500 - (5% of 1500)
= 1425 kg

Total Cost of Flour Received by Bhavna = Cost of Flour per kg x Weight of Flour Received
= 8 x 1425
= 11400

Total Cost Incurred by Bhavna = Total Cost of Flour Received + Sailing Expenses + Commission
= 11400 + 550 + (12.5% of Sales Value)

Sales Value = Total Cost Incurred - Total Cost of Consignment
= 11400 + 550 + (12.5% of Sales Value) - 4725
= 7175 + (12.5% of Sales Value)

Solving for Sales Value:

0.875 x Sales Value = 7175
Sales Value = 8200

Calculation of Commission

Commission = 12.5% of Sales Value
= 0.125 x 8200
= 1025

Therefore, the commission on the sales value of the closing stock will be Rs. 1025.
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Bharti consigned to Bhavna 1500 kgs of floor costing 4500 she spent rupees 307 is forwarding charges 5% of the consignment was lost in weighing Bhavna salt 1 3 5 0 kg of floor 8 rupees 4 kg her sailing expenses being rupees 550 and commission of 12.5 percent on sales value of closing stock will be?
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Bharti consigned to Bhavna 1500 kgs of floor costing 4500 she spent rupees 307 is forwarding charges 5% of the consignment was lost in weighing Bhavna salt 1 3 5 0 kg of floor 8 rupees 4 kg her sailing expenses being rupees 550 and commission of 12.5 percent on sales value of closing stock will be? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Bharti consigned to Bhavna 1500 kgs of floor costing 4500 she spent rupees 307 is forwarding charges 5% of the consignment was lost in weighing Bhavna salt 1 3 5 0 kg of floor 8 rupees 4 kg her sailing expenses being rupees 550 and commission of 12.5 percent on sales value of closing stock will be? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Bharti consigned to Bhavna 1500 kgs of floor costing 4500 she spent rupees 307 is forwarding charges 5% of the consignment was lost in weighing Bhavna salt 1 3 5 0 kg of floor 8 rupees 4 kg her sailing expenses being rupees 550 and commission of 12.5 percent on sales value of closing stock will be?.
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