Question

1. Calculate Manager’s Commission if the manager is allowed a commission of 10% on the Net Profit after charging such commission. The net profit before charging such commission is Rs.2,20,000.

Answer 1

Answer:

2,20,000×10/110 = 20,000

Answer 2

Explanation:

Then we have to calculate on 220000, and it includes Manager's commission also as it is Net profit before charging(deducting).So if 100 is NP after charging manager commission ,10 will be manager commission.And NP before charging commission will be 110. Manager commission is 10 out of 110.Manager commission is 20000 =220000x10/110. NP after charging 20000=220000-20000=200000.You check 10% on NP after charging commission ie, 200000.You will get 20000 only

hope it will help u

another one is

Let NP after charging commission be x

Manager commission=10 % of x

NP Before charging commission = x + 10% of x

220000=x +10 % of x

solve for x after calculation we get....

so, manager commission = 10 % of 200000=20000