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From the following details calculate overriding commission payable to a consignment. Invoice price of the goods sold Rs. 200,000 Selling price of the goods

  

From the following details calculate overriding commission payable to a consignment. Invoice price of the goods sold Rs. 200,000 Selling price of the goods sold Rs. 280,000 Overriding commission is payable @5% of the excess of selling price over invoice price.

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