Question

Net profit of a firm before charging manager's commission is Rs 21.000.If a
manager is entitled to 5 % commissionon net profit after charging such
commission.what is the commission payable to the manager.
(a)Rs1,050 (b)Rs1,000 (C R$950 (d) None of the above​

Answer 1

Answer:

commission payable to the manager

= 5/105 * 21,000

= rs. 1000

(b) RS 1,000