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A and B enter into a joint venture for purchase and sale of type writer. A purchased typewriter costing Rs 100000. Repairing expenses Rs. 10,000, Printing expenses Rs, 10,000. B sold it at 20% margin on selling price. The sales value will be.A) 1,25,000 B) 1,50,000 C) 1,00,000 D) 1,40,000?
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A and B enter into a joint venture for purchase and sale of type write...
Calculation of Sales Value in Joint Venture

Given:
Cost of typewriter purchased by A = Rs. 100000
Repairing expenses = Rs. 10000
Printing expenses = Rs. 10000
Margin on selling price = 20%

To calculate the sales value, we need to follow the below steps:

Step 1: Calculate the total cost incurred
Total cost = Cost of typewriter + Repairing expenses + Printing expenses
Total cost = Rs. 100000 + Rs. 10000 + Rs. 10000
Total cost = Rs. 120000

Step 2: Calculate the selling price
Selling price = Total cost / (100% - Margin on selling price)
Selling price = Rs. 120000 / (100% - 20%)
Selling price = Rs. 150000

Therefore, the sales value of the typewriter will be Rs. 150000.

Answer: B) 1,50,000
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A and B enter into a joint venture for purchase and sale of type write...
Answer= let Sales value be 'x'= x cost of 20% Sale value = cost * 100/80(as of 20% margin it becomes 100/80) so cost =1,00,000 *100/80=1,25,000 is the sales value..
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A and B enter into a joint venture for purchase and sale of type writer. A purchased typewriter costing Rs 100000. Repairing expenses Rs. 10,000, Printing expenses Rs, 10,000. B sold it at 20% margin on selling price. The sales value will be.A) 1,25,000 B) 1,50,000 C) 1,00,000 D) 1,40,000?
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A and B enter into a joint venture for purchase and sale of type writer. A purchased typewriter costing Rs 100000. Repairing expenses Rs. 10,000, Printing expenses Rs, 10,000. B sold it at 20% margin on selling price. The sales value will be.A) 1,25,000 B) 1,50,000 C) 1,00,000 D) 1,40,000? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about A and B enter into a joint venture for purchase and sale of type writer. A purchased typewriter costing Rs 100000. Repairing expenses Rs. 10,000, Printing expenses Rs, 10,000. B sold it at 20% margin on selling price. The sales value will be.A) 1,25,000 B) 1,50,000 C) 1,00,000 D) 1,40,000? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A and B enter into a joint venture for purchase and sale of type writer. A purchased typewriter costing Rs 100000. Repairing expenses Rs. 10,000, Printing expenses Rs, 10,000. B sold it at 20% margin on selling price. The sales value will be.A) 1,25,000 B) 1,50,000 C) 1,00,000 D) 1,40,000?.
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