McqMate
Q. |
X of Delhi send out certain goods at cost + 25% of cost. Invoice value of goods is 1,20,000. 4/5th of the goods were sold by consignee at 1,00,000. Commission @ 2% up to invoice value and 10% of any surplus above invoice. The amount of commission will be |
A. | 1,920 |
B. | 2,320 |
C. | 1,820 |
D. | 2,020 |
Answer» B. 2,320 |
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Fundamentals of Accounting