Title: Calculation of Cost of Goods Sold and Profit on Consignment

Introduction:
When goods are sent on consignment, it means that the ownership of the goods remains with the consignor until they are sold by the consignee. The consignor invoices the goods at a higher rate than their cost to cover their expenses and make a profit. In this scenario, we have to calculate the cost of goods sold and profit on consignment.

Calculation of Cost of Goods Sold:
To calculate the cost of goods sold, we need to consider the following:

1. Cost of goods: Pawan sent 10 cases of tea costing Rs.5,000 each, so the total cost of goods is 10 x Rs.5,000 = Rs.50,000.

2. Freight and other charges: Freight and other charges on the consignment amounted to Rs.3,100.

3. Total cost of goods: The total cost of goods is Rs.50,000 + Rs.3,100 = Rs.53,100.

4. Selling price: Pawan invoiced the goods proforma at Rs.6,000 each, so the selling price of 10 cases of tea is 10 x Rs.6,000 = Rs.60,000.

5. Cost of goods sold: The cost of goods sold is the total cost of goods (Rs.53,100) plus any additional expenses incurred by the consignee, such as handling charges, minus any returns or allowances. In this case, there are no additional expenses or returns, so the cost of goods sold is Rs.53,100.

Calculation of Profit:
To calculate the profit on consignment, we need to consider the following:

1. Selling price: The selling price of 10 cases of tea is Rs.60,000.

2. Cost of goods sold: The cost of goods sold is Rs.53,100.

3. Gross profit: The gross profit is the selling price minus the cost of goods sold. In this case, the gross profit is Rs.60,000 - Rs.53,100 = Rs.6,900.

4. Expenses: We need to deduct any expenses incurred by the consignee, such as handling charges, from the gross profit to get the net profit. In this case, there are no additional expenses incurred by the consignee, so the net profit is Rs.6,900.

Conclusion:
The cost of goods sold for 10 cases of tea sent on consignment by Pawan to Raman is Rs.53,100, and the profit on consignment is Rs.6,900.