CA CPT Model Test Paper 11 with solutions for online practice

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Question : 53 of 200
 
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Mr. Ajay of Delhi consigned to Vijay of Mumbai, goods to be sold at invoice price which represents 125% of cost. Vijay is entitled to a commission of 10% on sales at invoice price and 25% of any excess realized over invoice price. If all the goods consigned were sold except 10% of consigned goods of the invoice value of Rs. 12,500 which was destroyed by fire. Total commission received by Vijay is Rs. 21,875. What is the amount of Sales:
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