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Company sends 3,000 bales of cotton to its consignee Modi G at a profit of 25% on I.P. The cost price of each bale is1,500. 1,20,000 paid by the consignor of the goods. 1,50,000 paid by way of octroi duty. 300 bales were lost in transit. G informed the consignor that 1,800 bales were sold at 30% above Invoice price.1/4th of remaining stock destroyed in the godown. Calculate stock at end?
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Company sends 3,000 bales of cotton to its consignee Modi G at a profi...
Calculation of Stock at the end:

Given data:
- Number of bales sent by the company to the consignee: 3,000
- Profit on invoice price: 25%
- Cost price of each bale: 1,500
- Amount paid by the consignor: 1,20,000
- Amount paid by way of octroi duty: 1,50,000
- Number of bales lost in transit: 300
- Number of bales sold by the consignee: 1,800
- Markup on the invoice price for the sold bales: 30%
- 1/4th of the remaining stock destroyed in the godown

Step 1: Calculation of Profit:
Profit on the invoice price is given as 25%. Let's calculate the profit amount.
Profit = 25% of Invoice Price = 25/100 * (Cost Price per bale * Number of bales)
= 0.25 * (1,500 * 3,000)
= 0.25 * 4,500,000
= 1,125,000

Step 2: Calculation of Invoice Price:
Invoice Price = Cost Price per bale + Profit per bale
= 1,500 + (Profit / Number of bales)
= 1,500 + (1,125,000 / 3,000)
= 1,500 + 375
= 1,875

Step 3: Calculation of Total Amount paid:
Total Amount paid by the consignor = Amount paid + Octroi Duty
= 1,20,000 + 1,50,000
= 2,70,000

Step 4: Calculation of Unsold Stock:
Unsold Stock = Number of bales sent - Number of bales sold
= 3,000 - 1,800
= 1,200

Step 5: Calculation of Stock Destroyed:
Stock Destroyed = (1/4) * Unsold Stock
= (1/4) * 1,200
= 300

Step 6: Calculation of Stock at the end:
Stock at the end = Unsold Stock - Stock Destroyed
= 1,200 - 300
= 900

Therefore, the stock at the end is 900 bales.

Summary:
- Number of bales sent by the company: 3,000
- Profit on invoice price: 25%
- Cost price of each bale: 1,500
- Amount paid by the consignor: 1,20,000
- Amount paid by way of octroi duty: 1,50,000
- Number of bales lost in transit: 300
- Number of bales sold by the consignee: 1,800
- Markup on the invoice price for the sold bales: 30%
- 1/4th of the remaining stock destroyed in the godown

- Profit = 1,125,000
- Invoice Price = 1,875
- Total Amount paid = 2,70,000
- Unsold
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Company sends 3,000 bales of cotton to its consignee Modi G at a profit of 25% on I.P. The cost price of each bale is1,500. 1,20,000 paid by the consignor of the goods. 1,50,000 paid by way of octroi duty. 300 bales were lost in transit. G informed the consignor that 1,800 bales were sold at 30% above Invoice price.1/4th of remaining stock destroyed in the godown. Calculate stock at end?
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