Question

calculate managers Commission if profit is 66000 and commission is allowed at 10% after charging such Commission​

Answer 1

Answer:

66000/110×10=6000

Explanation:

Commission payable = 10% on Net Profit (after charging the commission)

If Net Profit is Rs. 100, Commission payable = Rs. 10

Thus profit before charging the commission = 100 + 10 = 110

Of Rs. 110, Rs. 10 is commission payable and the balance Rs. 110- Rs. 10 = Rs. 100 is the profit, left after charging the commission.

Here Rs. 66000 is equal to 110%