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X sent out certain goods to Y. 1/10th of goods were lost in transit. Invoice value of goods lost is Rs. 12,500. Invoice value of goods sent out on consignment will be: 
  • a)
    Rs. 1,20,000
  • b)
    Rs. 1,25,000
  • c)
    Rs. 1,40,000
  • d)
    Rs. 1,00,000
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
X sent out certain goods to Y. 1/10th of goods were lost in transit. I...
12500/10% =125000 
(B) 125,000
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X sent out certain goods to Y. 1/10th of goods were lost in transit. I...
Calculation of Invoice Value of Goods Sent Out on Consignment

Given:
- 1/10th of goods sent out were lost in transit
- Invoice value of lost goods = Rs. 12,500

Calculation:
- Let the total invoice value of goods sent out be X
- 1/10th of X = Rs. 12,500
- X = 12,500 * 10
- X = Rs. 1,25,000
Therefore, the invoice value of goods sent out on consignment is Rs. 1,25,000.
Therefore, the correct answer is option b) Rs. 1,25,000.
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X sent out certain goods to Y. 1/10th of goods were lost in transit. Invoice value of goods lost is Rs. 12,500. Invoice value of goods sent out on consignment will be:a)Rs. 1,20,000b)Rs. 1,25,000c)Rs. 1,40,000d)Rs. 1,00,000Correct answer is option 'B'. Can you explain this answer?
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X sent out certain goods to Y. 1/10th of goods were lost in transit. Invoice value of goods lost is Rs. 12,500. Invoice value of goods sent out on consignment will be:a)Rs. 1,20,000b)Rs. 1,25,000c)Rs. 1,40,000d)Rs. 1,00,000Correct answer is option 'B'. Can you explain this answer? 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 X sent out certain goods to Y. 1/10th of goods were lost in transit. Invoice value of goods lost is Rs. 12,500. Invoice value of goods sent out on consignment will be:a)Rs. 1,20,000b)Rs. 1,25,000c)Rs. 1,40,000d)Rs. 1,00,000Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for X sent out certain goods to Y. 1/10th of goods were lost in transit. Invoice value of goods lost is Rs. 12,500. Invoice value of goods sent out on consignment will be:a)Rs. 1,20,000b)Rs. 1,25,000c)Rs. 1,40,000d)Rs. 1,00,000Correct answer is option 'B'. Can you explain this answer?.
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