If the profit before manager's commission is Rs. 80,000 in the company ABC Ltd. & the manager is entitled to a commission of 5% after deducting the manager's commission, the amount of commission shall be:

Rs. 4,000

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Rs. 3,810

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Rs. 4,190

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None of the above

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Solution

The correct option is B
Rs. 3,810

Commission
= Rs. $80, 000 * \frac{5}{105}$
= Rs. 3,810.

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If the profit before manager's commission is Rs. 80,000 in the company ABC Ltd. & the manager is entitled to a commission of 5% after deducting the manager's commission, the amount of commission shall be:

The correct option is B Rs. 3,810 Commission = Rs. 80,000∗5105 = Rs. 3,810.

The correct option is B
Rs. 3,810

Commission
= Rs. $80, 000 * \frac{5}{105}$
= Rs. 3,810.