Question

    The manager of a firm is entitled to a commission of 5%

    of Net profit after charging such commission. Net profit before charging commission is ₹ 42,000. Calculate the Commission of Manager.
    A ₹ 2,000 Correct Answer Incorrect Answer
    B ₹ 2,500 Correct Answer Incorrect Answer
    C ₹ 3,000 Correct Answer Incorrect Answer
    D ₹ 3,500 Correct Answer Incorrect Answer

    Solution

    Net profit before charging commission * Rate / 100 + Rate 42000*5/105 = 2000

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