Question

The manager is entitled to a commission of 5% on profit after charging the commission the profit is Rs.2100, therefore the commission will be?

Answer 1

Given :  The manager is entitled to a commission of 5% on profit after charging the commission the profit is Rs.2100,

To Find :  the commission

Solution:

Case 1 : commission is from profit

Let say Profit before commission = 100P

5 % Commission = (5/100)100P  = 5P

Profit After commission = 100P - 5P = 95P

=> 95P = 2100

=> P = 2100/95

=> 5P = 5 x 2100/95

=> 5P = 2100/19 = 110.5  Rs

commission will be 110.5  Rs

Case 2 : commission is above profit

Let say Profit before commission = 100P

5 % Commission = (5/100)100P  = 5P

Profit After commission = 100P + 5P = 105P

=> 105P = 2100

=> P = 2100/105

=> P = 20

=> 5P = 5 x 20

=> 5P = 100  Rs

commission will be 100 Rs

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