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Net profit is one lakh twenty thousand rupees. A gets ten percent commission before charging commission and B gets twenty percent bonus on remaining profit. A commission is deducted first then B bonus. What is B bonus?

Answer and explanation

Correct answer: Twenty one thousand six hundred rupees

A commission is twelve thousand and remaining profit is one lakh eight thousand. B bonus at twenty percent is twenty one thousand six hundred rupees.

Related tags

CommissionBonusSequenceProfit DistributionPartnership Accounts Basic ConceptsAccountancyClass 12 Mcq

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