Question

A consignor sends goods costing ₹2,00,000 to consignee at invoice price of 125% of cost. 1/10th goods are lost in transit (abnormal). Consignee sells 75% of remaining goods at 20% profit on invoice price. Calculate profit on consignment.

A ₹50,000
B ₹55,000
C ₹67,500
D ₹40,000
E ₹60,000
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