1

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

Correct Answer: 2,320

Make the most of this question

This page focuses on one Fundamentals of Accounting question from Faculty. After checking the answer, return to the topic list to practice more or run a timed set.