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When tenders are invited for a store quotations were received as under supplier a rate Rupees to each trade discount 10% cash discount 5% if a paid with in a fortnight after receipt transport charge Rupees 1 per 100 units supplier be rate rupees 1.80 each up to 2000 units rupees 1.60 each for order about 100 units 6% interest per annum will be added if bills are not paid with in fortnite after receipt of material transport charges rupees 5000 units are required every month and that quality and other conditions of supply as same of her comments as home purchase order can be issued the factory based 50% of its monthly bills every fortnite?
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When tenders are invited for a store quotations were received as under...
Supplier Comparison
When evaluating suppliers A and B for the procurement of 5000 units monthly, we need to calculate the effective costs including discounts and transport charges.
Supplier A
- Rate: ₹2.00 per unit
- Trade Discount: 10%
- Cash Discount: 5% (if paid within 14 days)
- Transport Charges: ₹1 per 100 units
Calculations for Supplier A
- Initial Cost: 5000 units × ₹2.00 = ₹10,000
- Trade Discount: 10% of ₹10,000 = ₹1,000
- Cost after Trade Discount: ₹10,000 - ₹1,000 = ₹9,000
- Cash Discount: 5% of ₹9,000 = ₹450
- Final Cost after Discounts: ₹9,000 - ₹450 = ₹8,550
- Transport Charges: (5000 units / 100) × ₹1 = ₹50
- Total Cost: ₹8,550 + ₹50 = ₹8,600
Supplier B
- Rate: ₹1.80 for the first 2000 units; ₹1.60 for orders above 2000 units
- Transport Charges: ₹N/A (not specified)
Calculations for Supplier B
- Cost for 2000 units: 2000 units × ₹1.80 = ₹3,600
- Cost for remaining 3000 units: 3000 units × ₹1.60 = ₹4,800
- Total Cost: ₹3,600 + ₹4,800 = ₹8,400
Final Comparison
- Supplier A Total Cost: ₹8,600
- Supplier B Total Cost: ₹8,400
Recommendation
Based on the calculations, Supplier B offers a lower total cost for 5000 units. Therefore, it would be prudent to issue a purchase order to Supplier B, considering the effective rates and discounts.
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When tenders are invited for a store quotations were received as under supplier a rate Rupees to each trade discount 10% cash discount 5% if a paid with in a fortnight after receipt transport charge Rupees 1 per 100 units supplier be rate rupees 1.80 each up to 2000 units rupees 1.60 each for order about 100 units 6% interest per annum will be added if bills are not paid with in fortnite after receipt of material transport charges rupees 5000 units are required every month and that quality and other conditions of supply as same of her comments as home purchase order can be issued the factory based 50% of its monthly bills every fortnite?
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When tenders are invited for a store quotations were received as under supplier a rate Rupees to each trade discount 10% cash discount 5% if a paid with in a fortnight after receipt transport charge Rupees 1 per 100 units supplier be rate rupees 1.80 each up to 2000 units rupees 1.60 each for order about 100 units 6% interest per annum will be added if bills are not paid with in fortnite after receipt of material transport charges rupees 5000 units are required every month and that quality and other conditions of supply as same of her comments as home purchase order can be issued the factory based 50% of its monthly bills every fortnite? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about When tenders are invited for a store quotations were received as under supplier a rate Rupees to each trade discount 10% cash discount 5% if a paid with in a fortnight after receipt transport charge Rupees 1 per 100 units supplier be rate rupees 1.80 each up to 2000 units rupees 1.60 each for order about 100 units 6% interest per annum will be added if bills are not paid with in fortnite after receipt of material transport charges rupees 5000 units are required every month and that quality and other conditions of supply as same of her comments as home purchase order can be issued the factory based 50% of its monthly bills every fortnite? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for When tenders are invited for a store quotations were received as under supplier a rate Rupees to each trade discount 10% cash discount 5% if a paid with in a fortnight after receipt transport charge Rupees 1 per 100 units supplier be rate rupees 1.80 each up to 2000 units rupees 1.60 each for order about 100 units 6% interest per annum will be added if bills are not paid with in fortnite after receipt of material transport charges rupees 5000 units are required every month and that quality and other conditions of supply as same of her comments as home purchase order can be issued the factory based 50% of its monthly bills every fortnite?.
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