Question: Ram of Bombay sends out goods costing 80,000 to Mohan of Kanpur so as to show 20% profit on invoice value. 3/5th of the

Ram of Bombay sends out goods costing 80,000 to Mohan of Kanpur

Ram of Bombay sends out goods costing 80,000 to Mohan of Kanpur so as to show 20% profit on invoice value. 3/5th of the goods received by consignee is sold at 5% above invoice price. The amount of sale value will be: A B C 63,000 60,000 50,400 D 40,000

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D 40000 Explanation Given Invoice value of goods 80000 Profit 20 Selling price of 35th of ... View full answer

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