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5,000 meters of cloth was sent out onconsignmentbasis at an invoice price of Rs. 30per -meter,which were purchased by consignorat rice of Rs. 20 per meter. Consignor’s expenses amounted to Rs. 5,500. Consignee’s expenses amounted to Rs. 2,000. Consigneesold 4,000 meters at Rs. 40 per meter. He isentitled to a commission of 5% on total salesplus a further 20% of any surplus realizedabove the invoice price. Due to fall in themarket price, the inventory of cloth is to bereduced by 10%. Calculate the profit onconsignment?a)Rs. 54,500b)Rs. 63,500c)Rs. 56,400d)Rs. 55,490Correct answer is option 'D'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared
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the CA Foundation exam syllabus. Information about 5,000 meters of cloth was sent out onconsignmentbasis at an invoice price of Rs. 30per -meter,which were purchased by consignorat rice of Rs. 20 per meter. Consignor’s expenses amounted to Rs. 5,500. Consignee’s expenses amounted to Rs. 2,000. Consigneesold 4,000 meters at Rs. 40 per meter. He isentitled to a commission of 5% on total salesplus a further 20% of any surplus realizedabove the invoice price. Due to fall in themarket price, the inventory of cloth is to bereduced by 10%. Calculate the profit onconsignment?a)Rs. 54,500b)Rs. 63,500c)Rs. 56,400d)Rs. 55,490Correct answer is option 'D'. 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 5,000 meters of cloth was sent out onconsignmentbasis at an invoice price of Rs. 30per -meter,which were purchased by consignorat rice of Rs. 20 per meter. Consignor’s expenses amounted to Rs. 5,500. Consignee’s expenses amounted to Rs. 2,000. Consigneesold 4,000 meters at Rs. 40 per meter. He isentitled to a commission of 5% on total salesplus a further 20% of any surplus realizedabove the invoice price. Due to fall in themarket price, the inventory of cloth is to bereduced by 10%. Calculate the profit onconsignment?a)Rs. 54,500b)Rs. 63,500c)Rs. 56,400d)Rs. 55,490Correct answer is option 'D'. Can you explain this answer?.
Solutions for 5,000 meters of cloth was sent out onconsignmentbasis at an invoice price of Rs. 30per -meter,which were purchased by consignorat rice of Rs. 20 per meter. Consignor’s expenses amounted to Rs. 5,500. Consignee’s expenses amounted to Rs. 2,000. Consigneesold 4,000 meters at Rs. 40 per meter. He isentitled to a commission of 5% on total salesplus a further 20% of any surplus realizedabove the invoice price. Due to fall in themarket price, the inventory of cloth is to bereduced by 10%. Calculate the profit onconsignment?a)Rs. 54,500b)Rs. 63,500c)Rs. 56,400d)Rs. 55,490Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation.
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Here you can find the meaning of 5,000 meters of cloth was sent out onconsignmentbasis at an invoice price of Rs. 30per -meter,which were purchased by consignorat rice of Rs. 20 per meter. Consignor’s expenses amounted to Rs. 5,500. Consignee’s expenses amounted to Rs. 2,000. Consigneesold 4,000 meters at Rs. 40 per meter. He isentitled to a commission of 5% on total salesplus a further 20% of any surplus realizedabove the invoice price. Due to fall in themarket price, the inventory of cloth is to bereduced by 10%. Calculate the profit onconsignment?a)Rs. 54,500b)Rs. 63,500c)Rs. 56,400d)Rs. 55,490Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
5,000 meters of cloth was sent out onconsignmentbasis at an invoice price of Rs. 30per -meter,which were purchased by consignorat rice of Rs. 20 per meter. Consignor’s expenses amounted to Rs. 5,500. Consignee’s expenses amounted to Rs. 2,000. Consigneesold 4,000 meters at Rs. 40 per meter. He isentitled to a commission of 5% on total salesplus a further 20% of any surplus realizedabove the invoice price. Due to fall in themarket price, the inventory of cloth is to bereduced by 10%. Calculate the profit onconsignment?a)Rs. 54,500b)Rs. 63,500c)Rs. 56,400d)Rs. 55,490Correct answer is option 'D'. Can you explain this answer?, a detailed solution for 5,000 meters of cloth was sent out onconsignmentbasis at an invoice price of Rs. 30per -meter,which were purchased by consignorat rice of Rs. 20 per meter. Consignor’s expenses amounted to Rs. 5,500. Consignee’s expenses amounted to Rs. 2,000. Consigneesold 4,000 meters at Rs. 40 per meter. He isentitled to a commission of 5% on total salesplus a further 20% of any surplus realizedabove the invoice price. Due to fall in themarket price, the inventory of cloth is to bereduced by 10%. Calculate the profit onconsignment?a)Rs. 54,500b)Rs. 63,500c)Rs. 56,400d)Rs. 55,490Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of 5,000 meters of cloth was sent out onconsignmentbasis at an invoice price of Rs. 30per -meter,which were purchased by consignorat rice of Rs. 20 per meter. Consignor’s expenses amounted to Rs. 5,500. Consignee’s expenses amounted to Rs. 2,000. Consigneesold 4,000 meters at Rs. 40 per meter. He isentitled to a commission of 5% on total salesplus a further 20% of any surplus realizedabove the invoice price. Due to fall in themarket price, the inventory of cloth is to bereduced by 10%. Calculate the profit onconsignment?a)Rs. 54,500b)Rs. 63,500c)Rs. 56,400d)Rs. 55,490Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice 5,000 meters of cloth was sent out onconsignmentbasis at an invoice price of Rs. 30per -meter,which were purchased by consignorat rice of Rs. 20 per meter. Consignor’s expenses amounted to Rs. 5,500. Consignee’s expenses amounted to Rs. 2,000. Consigneesold 4,000 meters at Rs. 40 per meter. He isentitled to a commission of 5% on total salesplus a further 20% of any surplus realizedabove the invoice price. Due to fall in themarket price, the inventory of cloth is to bereduced by 10%. Calculate the profit onconsignment?a)Rs. 54,500b)Rs. 63,500c)Rs. 56,400d)Rs. 55,490Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice CA Foundation tests.