Question

Net profit before charging manager’s commission is ` 49,500 and the manager is to be allowed a commission of 10% on the profit after charging such commission. Commission amount will be ___________:

Answer 1

The commission amount will be 4500rs.

reason=(( 49500×10/110 ))

Answer 2

GIVEN : Net profit before  charging comission is 49,500  

TO FIND : Commission amount

SOLUTION :

As we have the profit before  charging commission and managers commission is allowed after charging such commission.

In this case commission is given by adding the percentage of commission to hundred.

Now we will find the commission amount.

Managers Commission  = 49,500  ×$\frac{10}{110}$

                                        =  4,500

Managers Commission is 4,500.

Profit after commission is 45,000.

Commission amount will be 4,500 .