Employees of a business are entitled to
annual profit sharing bonus of 20%. Profit
for the year was $10 000 before tax and
bonus. If tax is to be 30%. What is the
amount for bonus?
(a)$1,400
(b)$2000
(c)$4,400
(d)$7000
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Answer:
Yup!
The answer is (b) $2000.
Hoe it helps
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