Ram of Bombay sends out goods costing 80,000 to Mohan of Kanpur so as to show...

 

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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 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

Answer rating: 100% (QA)

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