Order for Supply of Goods

Introduction:
Raman has placed an order with Rakesh for the supply of goods worth Rs. 1,00,000. As a part of the order, Raman made an advance payment of 10% of the list price. Let's understand the details of this transaction and the role of Jack in the process.

Order Placement:
Raman decided to purchase goods from Rakesh, and therefore, he placed an order with him. The order was for goods with a list price of Rs. 1,00,000. This means that Rakesh will supply goods worth Rs. 1,00,000 to Raman as per the order.

Advance Payment:
As a part of the order, Raman made an advance payment of 10% of the list price. This means that Raman paid Rs. 10,000 (10% of Rs. 1,00,000) to Rakesh as an advance. The purpose of this advance payment is to secure the order and confirm Raman's commitment to purchase the goods.

Role of Jack:
Jack is mentioned in the question, but it is not clear what role he plays in this transaction. However, based on the given information, we can assume that Jack might be involved in the financial aspect of the transaction. It is possible that Jack facilitated the payment process between Raman and Rakesh or provided assistance in managing the financial aspects of the order.

Conclusion:
In conclusion, Raman has placed an order with Rakesh for the supply of goods worth Rs. 1,00,000. As an advance payment, Raman paid 10% of the list price, which amounts to Rs. 10,000. The role of Jack in this transaction is not explicitly mentioned, but it can be assumed that he might have played a role in facilitating the financial aspects of the order.