CA CPT June 2018 Question Paper Fundamentals of Accounting for online practice

Mr. X consigned 200 bales of goods costing Rs. 500 each. His expenses were Rs. 2,500. 1/10 ^th of goods were damaged in transit, which are repairable. 140 bales were sold at Rs.800 per bale. 10% of the dues from customers were not recovered by the consignee . Commission to consignee is 4% Calculate the profit on consignment.