Multiple choice

Anu consigned 200 sets of coffee mugs to Manu at proforma invoice price of Rs. 80 each, charging 10% on invoice price. She spent Rs. 3,000 on carriage and Rs. 2,000 on insurance of goods. Manu sold 150 sets @ Rs. 120. She paid Rs. 1,000 on clearing charges, Rs. 1,500 for godown rent. She charged 10% commission on invoice price and 30% on surplus over the invoice price. Calculate the commission earned by Manu.

  1. Rs. 1,200

  2. Rs. 3,000

  3. Rs. 1,800

  4. Rs. 3,600

  5. Rs. 7,200

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Total sales = 150 * 120 = Rs. 18,000. Normal commission = 10% of invoice price, i.e. 10% of (150 * 80) = Rs. 1200 Plus 30% of (18000 - 12000) = Rs. 1,800 Thus, total commission = Rs. 3,000