List price Rs 5,00,000, 10% trade discount, duty Rs 20,000, freight Rs 8,000, fitting Rs 12,000. Cost?
ARs 5,40,000
BRs 4,70,000
CRs 4,90,000
DRs 5,20,000
Answer & Solution
Correct answer: C. Rs 4,90,000
Cost is 4,50,000 after discount plus 20,000 duty, 8,000 transport and 12,000 installation, which gives 4,90,000.
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