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X sent out certain goods to Y of Delhi. 1/10 of the goods were lost in transit. Invoice value of goods lost 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?
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Most Upvoted Answer
X sent out certain goods to Y of Delhi. 1/10 of the goods were lost in...
Let's solve the problem step by step:
Given:
Invoice value of goods lost = Rs. 12,500
Goods lost in transit = 1/10 of the total goods sent
Step 1: Finding the total value of goods sent
Since the goods lost in transit are 1/10 of the total goods sent, we can assume that the value of goods lost is also 1/10 of the total value of goods sent.
Let the total value of goods sent be 'x'.
According to the given information, (1/10) * x = Rs. 12,500
Simplifying the above equation, we get:
x/10 = Rs. 12,500
Multiplying both sides of the equation by 10, we get:
x = Rs. 12,500 * 10
x = Rs. 1,25,000
Step 2: Finding the invoice value of goods sent out on consignment
The invoice value of goods sent out on consignment is the total value of goods sent minus the value of goods lost in transit.
Invoice value of goods sent out on consignment = Total value of goods sent - Value of goods lost
Invoice value of goods sent out on consignment = Rs. 1,25,000 - Rs. 12,500
Invoice value of goods sent out on consignment = Rs. 1,12,500
Therefore, the correct answer is option 'B', which is Rs. 1,25,000.
Given:
Invoice value of goods lost = Rs. 12,500
Goods lost in transit = 1/10 of the total goods sent
Step 1: Finding the total value of goods sent
Since the goods lost in transit are 1/10 of the total goods sent, we can assume that the value of goods lost is also 1/10 of the total value of goods sent.
Let the total value of goods sent be 'x'.
According to the given information, (1/10) * x = Rs. 12,500
Simplifying the above equation, we get:
x/10 = Rs. 12,500
Multiplying both sides of the equation by 10, we get:
x = Rs. 12,500 * 10
x = Rs. 1,25,000
Step 2: Finding the invoice value of goods sent out on consignment
The invoice value of goods sent out on consignment is the total value of goods sent minus the value of goods lost in transit.
Invoice value of goods sent out on consignment = Total value of goods sent - Value of goods lost
Invoice value of goods sent out on consignment = Rs. 1,25,000 - Rs. 12,500
Invoice value of goods sent out on consignment = Rs. 1,12,500
Therefore, the correct answer is option 'B', which is Rs. 1,25,000.
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Community Answer
X sent out certain goods to Y of Delhi. 1/10 of the goods were lost in...
1/10 of the goods are lost in transit and
Invoice value of goods lost in transit is ₹12500
so simply multiply the invoice value of goods lost in transit to reciprocal of the fraction
i.e. 12500×10
=₹1,25,000
i hope u get it
Thankyou
Invoice value of goods lost in transit is ₹12500
so simply multiply the invoice value of goods lost in transit to reciprocal of the fraction
i.e. 12500×10
=₹1,25,000
i hope u get it
Thankyou
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X sent out certain goods to Y of Delhi. 1/10 of the goods were lost in transit. Invoice value of goods lost 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 of Delhi. 1/10 of the goods were lost in transit. Invoice value of goods lost 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 of Delhi. 1/10 of the goods were lost in transit. Invoice value of goods lost 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 of Delhi. 1/10 of the goods were lost in transit. Invoice value of goods lost 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?.
X sent out certain goods to Y of Delhi. 1/10 of the goods were lost in transit. Invoice value of goods lost 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 of Delhi. 1/10 of the goods were lost in transit. Invoice value of goods lost 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 of Delhi. 1/10 of the goods were lost in transit. Invoice value of goods lost 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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ample number of questions to practice X sent out certain goods to Y of Delhi. 1/10 of the goods were lost in transit. Invoice value of goods lost 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? tests, examples and also practice CA Foundation tests.
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