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Depreciation

Goods costing...

Question

Goods costing Rs. 4,00,000 sent out to consignee at Cost + 25%. Invoice value of the goods will be _____________.

A

Rs. 5,00,000

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B

Rs. 4,80,000

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C

Rs. 6,00,000

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D

None

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Solution

The correct option is D Rs. 5,00,000
25% on cost : 400000*25/100=100000
Invoice value of the goods would be= 400000+100000
=500000

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