A consigned 1000 litres of coconut oil @ Rs. 50 per it. To B. The normal loss is estimated at 5%. The profit was fixed at 14% on the total cost. What is the sale price per liter?
  • a)
    Rs. 57
  • b)
    Rs. 60
  • c)
    Rs. 70
  • d)
    Rs. 55
Correct answer is option 'B'. Can you explain this answer?
Related Test: Test: Consignment - 1

CA Foundation Question

Fenil Modi
Jun 04, 2018
50*5%=2.5 means, 52.5 then, 52.5*14%=7.35 then, our cost price+profit rate 52.5. +. 7.35 = 59.85 = 60

Utsav
Jun 05, 2018
See, normal loss is unavoidable so 5% is loss . it inflate the price of total goods 52.63. total goods is 950. price remains same i.e 50,000. profit is 14% on cost means sale price of total goods is 7000 + 50000= 57000 so price of per good is 57000(price of total goods)/950(total goods) = 60.

This discussion on A consigned 1000 litres of coconut oil @ Rs. 50 per it. To B. The normal loss is estimated at 5%. The profit was fixed at 14% on the total cost. What is the sale price per liter?a)Rs. 57b)Rs. 60c)Rs. 70d)Rs. 55Correct answer is option 'B'. Can you explain this answer? is done on EduRev Study Group by CA Foundation Students. The Questions and Answers of A consigned 1000 litres of coconut oil @ Rs. 50 per it. To B. The normal loss is estimated at 5%. The profit was fixed at 14% on the total cost. What is the sale price per liter?a)Rs. 57b)Rs. 60c)Rs. 70d)Rs. 55Correct answer is option 'B'. Can you explain this answer? are solved by group of students and teacher of CA Foundation, which is also the largest student community of CA Foundation. If the answer is not available please wait for a while and a community member will probably answer this soon. You can study other questions, MCQs, videos and tests for CA Foundation on EduRev and even discuss your questions like A consigned 1000 litres of coconut oil @ Rs. 50 per it. To B. The normal loss is estimated at 5%. The profit was fixed at 14% on the total cost. What is the sale price per liter?a)Rs. 57b)Rs. 60c)Rs. 70d)Rs. 55Correct answer is option 'B'. Can you explain this answer? over here on EduRev! Apart from being the largest CA Foundation community, EduRev has the largest solved Question bank for CA Foundation.
This discussion on A consigned 1000 litres of coconut oil @ Rs. 50 per it. To B. The normal loss is estimated at 5%. The profit was fixed at 14% on the total cost. What is the sale price per liter?a)Rs. 57b)Rs. 60c)Rs. 70d)Rs. 55Correct answer is option 'B'. Can you explain this answer? is done on EduRev Study Group by CA Foundation Students. The Questions and Answers of A consigned 1000 litres of coconut oil @ Rs. 50 per it. To B. The normal loss is estimated at 5%. The profit was fixed at 14% on the total cost. What is the sale price per liter?a)Rs. 57b)Rs. 60c)Rs. 70d)Rs. 55Correct answer is option 'B'. Can you explain this answer? are solved by group of students and teacher of CA Foundation, which is also the largest student community of CA Foundation. If the answer is not available please wait for a while and a community member will probably answer this soon. You can study other questions, MCQs, videos and tests for CA Foundation on EduRev and even discuss your questions like A consigned 1000 litres of coconut oil @ Rs. 50 per it. To B. The normal loss is estimated at 5%. The profit was fixed at 14% on the total cost. What is the sale price per liter?a)Rs. 57b)Rs. 60c)Rs. 70d)Rs. 55Correct answer is option 'B'. Can you explain this answer? over here on EduRev! Apart from being the largest CA Foundation community, EduRev has the largest solved Question bank for CA Foundation.