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 ____________.

Rs. 1,000

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Rs. 2,000

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Rs. 3,000

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Rs. 4,000

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Solution

The correct option is C Rs. 1,000
Calculation of commission = 21000 * 5 / 105
= Rs 1000.

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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 ____________.

The correct option is C Rs. 1,000Calculation of commission = 21000 * 5 / 105 = Rs 1000.

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 ____________.

The correct option is C Rs. 1,000
Calculation of commission = 21000 * 5 / 105
= Rs 1000.