Question
Goods sent out on consignment Rs 2,00,000. Consignor's expenses Rs 5000. Consignee's expenses Rs 7,000. Cash sales Rs 2,00,000, credit sales Rs 10,000. Consignment
Goods sent out on consignment Rs 2,00,000. Consignor's expenses Rs 5000. Consignee's expenses Rs 7,000. Cash sales Rs 2,00,000, credit sales Rs 10,000. Consignment stock Rs 45,000. Ordinary commission payable to consignee Rs 2,000. Del credere commission Rs 3,000. The amount inrrecoverable from customer Rs 2000. What will be the profit on consignment?
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Essentials Of Business Analytics
Authors: Jeffrey Camm, James Cochran, Michael Fry, Jeffrey Ohlmann, David Anderson, Dennis Sweeney, Thomas Williams
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