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Question

If the manager is entitled to a commission of 5% on profits before deducting this commission, he will get a commission of Rs. __________ on a profit of Rs. 8400.

A
400
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B
442.11
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C
420
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D
None of these
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Solution

The correct option is C 420
Commission = 5% on profit
Profit = Rs. 8400
Commission on the profit = 8400 x 5%
= 420

The manager will get commission of Rs. 420

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