OMMISSION and
5. a) A business company made a profit of Rs 24,00,000 in the last year. The management
decided to distribute 20 % bonus from the profit to its 30 employees.
(i) Find the bonus amount received by each employee.
(ii) By what percent should the bonus be increased so that each employee can
receive Rs 20,000?
(iii) What should be the profit of the company so that it can provide Rs 20,000 to
each employee at 20 % bonus?
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(i) The bonus amount received by each employee is Rs. 16,000
(ii) The percent should the bonus be increased so that each employee can receive Rs 20,000 is 5%
(iii) The profit of the company so that it can provide Rs 20,000 to each employee at 20 % bonus is Rs. 30,00,000
Step-by-step explanation:
(i) Profit of the company = 24,00,000 Rs.
20% of profit
Rs.
This amount is distributed among 30 employees
Therefore, each employee gets
Rs.
(ii) Let the percentage increase be x% if each employee gets bonus of Rs. 20000
(iii) Let the profit of the company be P so that it can provide Rs. 20000 to each employee at 20% bonus
Therefore,
Rs.
Hope this answer is helpful.
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