Virat consigned 5,000 jars to Mohinder invoiced at Rs. 240 per jar which is 20% above cost. Calculate the cost price of goods consigned.
Reveal answer
Fill a bubble to check yourself
Keep practicing — related questions
- Manoj consigned 500 sets of plastic mugs of cost price of Rs. 40 each to Akash of Pune at an invoice price ...
- R sends out goods costing Rs. 2,00,000 to K. Consignor's expenses Rs. 5,000. Consignee's expenses in relati...
- Mr. A consigned goods costing Rs. 2,50,000 to Mr. B at an invoice price of Rs. 3,00,000. The goods were to ...
- Calculate COGS from the data: Net profit = Rs.1,05,000, carriage inward = Rs. 15,000, carriage outward = Rs...
- Goods are purchased for Rs. 20,000 from Rahul on 1st January for which Rs. 5,000 are paid in cash to Rahul ...
- A hall 25 m long and 20 m broad is surrounded by a veranda of uniform width of 5 m. The cost of flooring th...
- Furniture costing Rs. 20,000 is sold at a profit of Rs. 2,000 for cash. It will result in
- Zenith Ltd. purchased furniture from Divesh for Rs. 2,20,000. 25% of the amount due was paid by cash and ba...