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Net profit is one lakh rupees. A gets commission of ten percent of profit after commission and B gets salary of twenty thousand rupees. Salary is deducted first then commission is calculated. What is A commission?

Answer and explanation

Correct answer: About seven thousand two hundred twenty seven rupees

After salary the base is eighty thousand rupees. Since commission is after charging commission eighty thousand times ten divided by one hundred ten is about seven thousand two hundred twenty seven.

Related tags

Commission After SalaryAfter ChargingNumericalProfit DistributionPartnership Accounts Basic ConceptsAccountancyClass 12 Mcq

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