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| 1. |
Mr. X consigned goods of the invoice value of Rs.5,00,000 at cost plus 25% to Mr. Y. The expenses of X amounted to Rs.30,000. The expenses of Y amounted to Rs.24,000 other than selling expenses. The selling expenses amounted to Rs.8,000. 20% of the goods were lost in transit. 3/4th of the remaining goods were sold by Y. Calculate the value of consignment stock? |
| A. | Rs.1,12,000 |
| B. | Rs.1,06,000 |
| C. | Rs. 96,000 |
| D. | Rs.92,000 |
| Answer» B. Rs.1,06,000 | |