A business company made a profit of Rs. 24,00,000 in the last year. The management decided to distribute 20%binus from the profit to its 30 employees.
(i) Find the bonus received by each employee
(ii) By what percent should the bonus be increased so that each employee can receive Rs. 20,000.?
(iii) What should be the profit of the company so that it can provide Rs. 20,000 to each employee at 20% bonus?
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