1. The doddaballapur head office sends goods to its chikkaballapur branch at a profit of 20%...

 

Transcribed Image Text:

1. The doddaballapur head office sends goods to its chikkaballapur branch at a profit of 20% on cost. If the head office sends goods for Rs 1,20,000, calculate the cost price. 2. Find out the loading which is 25% of invoice price of goods, when the cost of goods is Rs 60,000. 3. Loading is 20% of invoice price. What amount should be transferred to stock reserve account if the invoice price of closing stock is Rs 3,60,000. 1. The doddaballapur head office sends goods to its chikkaballapur branch at a profit of 20% on cost. If the head office sends goods for Rs 1,20,000, calculate the cost price. 2. Find out the loading which is 25% of invoice price of goods, when the cost of goods is Rs 60,000. 3. Loading is 20% of invoice price. What amount should be transferred to stock reserve account if the invoice price of closing stock is Rs 3,60,000.

Answer rating: 100% (QA)

1 Calculating the cost price Goods sent are worth Rs120000 at 20 profit Rs120000 120 100 100 Rs120000 120 Rs100000 which is the cost price 2 Loading cost when cost price of goods is Rs 60000 Invoice price of goods loading price Invoice price cost price profit Rs ... View the full answer