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X of Kolkata sends out 100 boxes to Y of Delhi costing Rs 100 each. Consignor’s expenses Rs 1000. Consignees expenses selling Rs 500. 3/5th of the goods sold by consignee, ½ of the balance goods were lost in consignee’s godown due to fire. The value of abnormal loss will be:
- a)Rs.3000
- b)Rs.2200
- c)Rs.4000
- d)None
Correct answer is option 'B'. Can you explain this answer?
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Most Upvoted Answer
X of Kolkata sends out 100 boxes to Y of Delhi costing Rs 100 each. Co...
Given:
- X of Kolkata sends out 100 boxes to Y of Delhi costing Rs 100 each
- Consignors expenses Rs 1000
- Consignees expenses selling Rs 500
- 3/5th of the goods sold by consignee
- of the balance goods were lost in consignees godown due to fire
To find: Value of abnormal loss
Calculation:
- Cost of sending 100 boxes = 100 x 100 = Rs 10,000
- Consignors expenses = Rs 1000
- Consignees expenses = Rs 500
- Total expenses = Rs 11,500
- 3/5th of goods sold by consignee: 3/5 x 100 = 60 boxes
- Balance goods: 100 - 60 = 40 boxes
- Value of 60 boxes sold by consignee = 60 x 100 = Rs 6,000
- Value of 40 boxes lost in fire = 40 x 100 = Rs 4,000
- Loss = Value of 40 boxes - Consignees expenses - Balance goods cost = 4000 - 500 - (40 x 100) = Rs 2200
Answer: The value of abnormal loss is Rs. 2200 (Option B)
- X of Kolkata sends out 100 boxes to Y of Delhi costing Rs 100 each
- Consignors expenses Rs 1000
- Consignees expenses selling Rs 500
- 3/5th of the goods sold by consignee
- of the balance goods were lost in consignees godown due to fire
To find: Value of abnormal loss
Calculation:
- Cost of sending 100 boxes = 100 x 100 = Rs 10,000
- Consignors expenses = Rs 1000
- Consignees expenses = Rs 500
- Total expenses = Rs 11,500
- 3/5th of goods sold by consignee: 3/5 x 100 = 60 boxes
- Balance goods: 100 - 60 = 40 boxes
- Value of 60 boxes sold by consignee = 60 x 100 = Rs 6,000
- Value of 40 boxes lost in fire = 40 x 100 = Rs 4,000
- Loss = Value of 40 boxes - Consignees expenses - Balance goods cost = 4000 - 500 - (40 x 100) = Rs 2200
Answer: The value of abnormal loss is Rs. 2200 (Option B)
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Community Answer
X of Kolkata sends out 100 boxes to Y of Delhi costing Rs 100 each. Co...
Total cost = 10000+ 1000 = 11000
selling exp ignored
total box left after sell 100*2/5 = 40
1/2 * 40 = 20
20 *11000/100 = 2200
selling exp ignored
total box left after sell 100*2/5 = 40
1/2 * 40 = 20
20 *11000/100 = 2200
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X of Kolkata sends out 100 boxes to Y of Delhi costing Rs 100 each. Consignor’s expenses Rs 1000. Consignees expenses selling Rs 500. 3/5th of the goods sold by consignee, ½ of the balance goods were lost in consignee’s godown due to fire. The value of abnormal loss will be:a)Rs.3000b)Rs.2200c)Rs.4000d)NoneCorrect answer is option 'B'. Can you explain this answer?
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X of Kolkata sends out 100 boxes to Y of Delhi costing Rs 100 each. Consignor’s expenses Rs 1000. Consignees expenses selling Rs 500. 3/5th of the goods sold by consignee, ½ of the balance goods were lost in consignee’s godown due to fire. The value of abnormal loss will be:a)Rs.3000b)Rs.2200c)Rs.4000d)NoneCorrect 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 of Kolkata sends out 100 boxes to Y of Delhi costing Rs 100 each. Consignor’s expenses Rs 1000. Consignees expenses selling Rs 500. 3/5th of the goods sold by consignee, ½ of the balance goods were lost in consignee’s godown due to fire. The value of abnormal loss will be:a)Rs.3000b)Rs.2200c)Rs.4000d)NoneCorrect 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 of Kolkata sends out 100 boxes to Y of Delhi costing Rs 100 each. Consignor’s expenses Rs 1000. Consignees expenses selling Rs 500. 3/5th of the goods sold by consignee, ½ of the balance goods were lost in consignee’s godown due to fire. The value of abnormal loss will be:a)Rs.3000b)Rs.2200c)Rs.4000d)NoneCorrect answer is option 'B'. Can you explain this answer?.
X of Kolkata sends out 100 boxes to Y of Delhi costing Rs 100 each. Consignor’s expenses Rs 1000. Consignees expenses selling Rs 500. 3/5th of the goods sold by consignee, ½ of the balance goods were lost in consignee’s godown due to fire. The value of abnormal loss will be:a)Rs.3000b)Rs.2200c)Rs.4000d)NoneCorrect 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 of Kolkata sends out 100 boxes to Y of Delhi costing Rs 100 each. Consignor’s expenses Rs 1000. Consignees expenses selling Rs 500. 3/5th of the goods sold by consignee, ½ of the balance goods were lost in consignee’s godown due to fire. The value of abnormal loss will be:a)Rs.3000b)Rs.2200c)Rs.4000d)NoneCorrect 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 of Kolkata sends out 100 boxes to Y of Delhi costing Rs 100 each. Consignor’s expenses Rs 1000. Consignees expenses selling Rs 500. 3/5th of the goods sold by consignee, ½ of the balance goods were lost in consignee’s godown due to fire. The value of abnormal loss will be:a)Rs.3000b)Rs.2200c)Rs.4000d)NoneCorrect answer is option 'B'. Can you explain this answer?.
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X of Kolkata sends out 100 boxes to Y of Delhi costing Rs 100 each. Consignor’s expenses Rs 1000. Consignees expenses selling Rs 500. 3/5th of the goods sold by consignee, ½ of the balance goods were lost in consignee’s godown due to fire. The value of abnormal loss will be:a)Rs.3000b)Rs.2200c)Rs.4000d)NoneCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for X of Kolkata sends out 100 boxes to Y of Delhi costing Rs 100 each. Consignor’s expenses Rs 1000. Consignees expenses selling Rs 500. 3/5th of the goods sold by consignee, ½ of the balance goods were lost in consignee’s godown due to fire. The value of abnormal loss will be:a)Rs.3000b)Rs.2200c)Rs.4000d)NoneCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of X of Kolkata sends out 100 boxes to Y of Delhi costing Rs 100 each. Consignor’s expenses Rs 1000. Consignees expenses selling Rs 500. 3/5th of the goods sold by consignee, ½ of the balance goods were lost in consignee’s godown due to fire. The value of abnormal loss will be:a)Rs.3000b)Rs.2200c)Rs.4000d)NoneCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice X of Kolkata sends out 100 boxes to Y of Delhi costing Rs 100 each. Consignor’s expenses Rs 1000. Consignees expenses selling Rs 500. 3/5th of the goods sold by consignee, ½ of the balance goods were lost in consignee’s godown due to fire. The value of abnormal loss will be:a)Rs.3000b)Rs.2200c)Rs.4000d)NoneCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
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