Compute the following selling price for the follwing item:
Basic cost
CST @ 4% on basic cost
freight & insurance Rs 200/-
Margin @ 15% on selling price
- 2 Answers
- 5372 Views
- I also Faced
- E-Mail Answers
Answer Posted / deepu.v
Alternatively, For making it more simple
Base cost is Rs. 10600 as mentioned in the above answer.
But this is 85%,
So 100% = 10600*100/85 =12471(rounded off)
Profit is 15% of selling price.
So profit =12471*15% =1871(rounded off)
| Is This Answer Correct ? | 2 Yes | 2 No |
Post New Answer View All Answers
recently release the 6.0 version not succede in the market why?
Example for extra ordinary expenditure?
whts is the meaning of over cost and under cost, what is difference ?
Provision of Bad Debts is made in compliance with the convention of -----------
What do mean by Computerization of accounts
what are responsibilities of an accountant in a company?
What was the most chlleging task you face while working in SAP FI/MM and how did you solve?
What is communicating
am attend to bank exam(iob)pls send model questions
What are the stages involved while preparing business blue print with examples?
what is meant by cash purchase?
what is the nature of bill receivable and consignmenta/c
Define control account Thanks
WHY LOSS IN BUSINESS IS SHOWN IN ASSETS SIDE OF BALANCE SHEET? WHY EXCISE DUTY IS DEDUCTED FROM THE GROSS SALES TO ARRIVE NET SALES? WHY SALES TAX IS NOT DEDUCTED FROM SALES TO ARRIVE NET SALES?
Short Answer on ___________fluctuating capital
