Question

Net profit of a firm before charging manager s commission is Rs 21,000. If the

manager is entitled to 5 % commission after charging such commission, how much

manager will get as commission

(i) 1,050

(ii) 1,000

(iii) 2,100

(iv) 2,000​

Answer 1

Answer:

option ii. 1000

Explanation:

Calculation of commission = 21000 * 5 / 105

= Rs 1000.

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