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Saaho of amalapuram sent land to rakul preet singh on consignment basis with cost price of2,00,00,000.He ordered to sell the land at invoice price of cost+ 20%. He was entitled to a commisson of 5% on normal sales 25% on sales above cost price. He sold the land for 5,00,00,000.calcute his entire commission.options are a)85,00,000 b)1,00,00,000 c)1,50,00,00 d)none? correct ans is d.why?
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Saaho of amalapuram sent land to rakul preet singh on consignment basi...
COST OF THE LAND=2,00,00,000+20%
=2,00,00,000+40,00,000
=2,40,00,000
the cost of land in invoice=2,40,00,000
IN QUESTION. NORMAL COMMISSION IS 5%
SALES ABOVE COST PRICE COMMISSION IS 25%

CONSIGNEE SOLD THE LAND AT RS 5,00,00,000
SO THE COMMISSION IS 25% ON SALES
COMMISSION=5,00,00,000×25/100
=1,25,00,000
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Saaho of amalapuram sent land to rakul preet singh on consignment basis with cost price of2,00,00,000.He ordered to sell the land at invoice price of cost+ 20%. He was entitled to a commisson of 5% on normal sales 25% on sales above cost price. He sold the land for 5,00,00,000.calcute his entire commission.options are a)85,00,000 b)1,00,00,000 c)1,50,00,00 d)none? correct ans is d.why?
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Saaho of amalapuram sent land to rakul preet singh on consignment basis with cost price of2,00,00,000.He ordered to sell the land at invoice price of cost+ 20%. He was entitled to a commisson of 5% on normal sales 25% on sales above cost price. He sold the land for 5,00,00,000.calcute his entire commission.options are a)85,00,000 b)1,00,00,000 c)1,50,00,00 d)none? correct ans is d.why? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Saaho of amalapuram sent land to rakul preet singh on consignment basis with cost price of2,00,00,000.He ordered to sell the land at invoice price of cost+ 20%. He was entitled to a commisson of 5% on normal sales 25% on sales above cost price. He sold the land for 5,00,00,000.calcute his entire commission.options are a)85,00,000 b)1,00,00,000 c)1,50,00,00 d)none? correct ans is d.why? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Saaho of amalapuram sent land to rakul preet singh on consignment basis with cost price of2,00,00,000.He ordered to sell the land at invoice price of cost+ 20%. He was entitled to a commisson of 5% on normal sales 25% on sales above cost price. He sold the land for 5,00,00,000.calcute his entire commission.options are a)85,00,000 b)1,00,00,000 c)1,50,00,00 d)none? correct ans is d.why?.
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