CA CPT Model Test Paper 5 with solutions for online practice

© examsiri.com
Question : 6 of 200
 
Marks: +1, -0
Rabin consigned goods for the value of Rs.8,250 to Raj of Kanpur and paid freight etc. of Rs.650 and insurance Rs.400. He drew a bill on Raj for 3 months after date for Rs. 3,000 as an advance against consignment, and discounted the bill for Rs.2,960. Further, he received Account sales from Raj showing that, part of the goods had realized gross Rs. 8,350 and that his expenses and commission amounted to Rs. 870. The stock unsold was valued at Rs. 2750. Consignee wants to remit a draft for the amount due. The amount of draft will be:
Go to Question: