CA CPT 2014 June Question Paper Fundamentals of Accounting for online practice

© examsiri.com
Question : 38 of 60
 
Marks: +1, -0
Yogam consigned cost of goods of Rs. 1,00,000 at an invoice price of 20% above cost. Consignee is entitled to 5%commission on sales up to Invoice price, 20% on sales which exceeds invoice price, 2% delcredre commission oncredit sales. He sold 25% of goods for cash for Rs. 40,000 and 50% of goods on credit for Rs. 70,000, 10% of goodstaken by consignee. Calculatecommission?
Go to Question: