CA CPT Model Test Paper 11 with solutions for online practice

Expenses incurred by the consignor on sending the goods to the consignee is Rs.1,000 for insurance, Rs.1,500 on freight and Rs.500 on packing the goods. While expenses incurred by the consignee on behalf of the consignment are Rs.800 on octroi, Rs.600 as godown charges and Rs. 1,200 as selling expenses. The amount to be excluded while calculating consignment stock will be: