Question

Ram of Kolkata sends out 1,000 boxes to Y of Delhi costing Rs. 200 each. 1/10th of the boxes were lost in transit . 2/3rd of the boxes received by consignee is sold at cost plus 25%. What will be the sales value ?

• A. Rs. 1,00,000
• B. Rs. 1,50,000
• C. Rs. 1,20,000
• D. Rs. 1,40,000

Answer 1

The correct option is B Rs. 1,50,000

Number of goods lost in transit $=$ $1000\times \frac{1}{10}$

$=$ $100$

Stock of goods received $=$ Total stock $-$ lost in transit

$=$ $1000-100$

$=$ $900$

Sale price of 1 unit of stock $=$ Cost price $+$ $\frac{25}{100}$ of cost price

$=$ $200$ $+$ $\frac{25}{100}$ of $200$

$=$ $250$

Number of units sold $=$ Stock of goods received $\times$ $\frac{2}{3}$

$=$ $900\times \frac{2}{3}$

$=$ $600$

Therefore,

Total sale price $=$ Sale price of 1 unit $\times$ stock of sales

$=$ $250\times 600$

$=$ $1,50,000$