Net profit of a firm before charging manger's commission is Rs 21,000. If the manager is entitled to 5% commission after charging such commission, how much manager will get as commission?

Open in App

Solution

Manager's Commission
= $N e t P r o f i t \times \frac{R a t e}{100 + R a t e}$
= $R s . 21, 000 \times \frac{5}{105} = R s . 1, 000$

Suggest Corrections

116

Similar questions

Q. Net profit before charging commission to General & Sales manager - Rs 1,65,920
The General Manager is entitled to commission of 10% on net profit after charging such commission and commission of Sales Manager.
The Sales Manager is entitled to commission of 5% on net profit after charging such commission and commission of General Manager.
Commission payable to General Manager- Rs ____________ & Sales Manager - Rs ______________.

Q. The manager is entitled to a commission of 5% of net profit after changing such commission.

Profits before charging some commission is Rs. 21,000, find the commission ____________.

Q. Net Profit of business before charging commission is Rs 110,000 and manager is entitled to get commission of net profit before charging commission 10% p.a. , the commission will be calculated as Rs. _________.

Q. Net profit of a business is Rs. 220 before charging commission. If the manager is entitled to 15% of the profit before charging such commission, the commission will be _____.

If the manager is entitled to a commission of 5% on profit before deducting the commission and the profit before deducting the commission is Rs. 18,900, what will be the commission?

Join BYJU'S Learning Program

Net profit of a firm before charging manger's commission is Rs 21,000. If the manager is entitled to 5% commission after charging such commission, how much manager will get as commission?

Manager's Commission= NetProfit×Rate100+Rate = Rs.21,000×5105=Rs. 1,000

Manager's Commission
= $N e t P r o f i t \times \frac{R a t e}{100 + R a t e}$
= $R s . 21, 000 \times \frac{5}{105} = R s . 1, 000$