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. X sends out goods costing Rs.2,00,000 to Y. 3/5% of the goods were sold by consignee for Rs.1, 40.000. Commission is 2% on sales 20% of goods sold exceeding cost price. The amount of commission will be:?
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. X sends out goods costing Rs.2,00,000 to Y. 3/5% of the goods were s...



Calculation of Commission on Sales

1. Calculation of Cost Price of Goods:
- Cost of goods sent by X to Y = Rs.2,00,000

2. Calculation of Sales Revenue:
- Sales revenue generated by Y = Rs.1,40,000
- This is 3/5% of the total goods sent by X

3. Calculation of Commission:
- Commission rate = 2% on total sales
- Additional commission of 20% on goods sold exceeding cost price

4. Commission Calculation:
- Commission on sales = 2% of Rs.1,40,000 = Rs.2,800
- Excess sales over cost price = Rs.1,40,000 - Rs.2,00,000 = Rs. 60,000
- Additional commission on excess sales = 20% of Rs.60,000 = Rs.12,000
- Total commission = Rs.2,800 + Rs.12,000 = Rs.14,800
Therefore, the amount of commission on sales will be Rs.14,800.

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. X sends out goods costing Rs.2,00,000 to Y. 3/5% of the goods were sold by consignee for Rs.1, 40.000. Commission is 2% on sales 20% of goods sold exceeding cost price. The amount of commission will be:?
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