Q. X sends out goods to Y, costing 3,60,000. Goods are to be sold at cost plus 25% on sales. The consignor asked consignee to pay an advance for an amount equivalent to 60% of sales value. The amount of advance will be (Solved)

1. 2,88,000

2. 2,16,000

3. 2,70,000

4. 3,36,000

  • c. 2,70,000
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