When a business company increased it's profit from 20 percent to 25 precent the amount of profit increased to rs 2604000. If the company decided to distribute 50 percent bonus to it's 20 employees equally from the increased amount of profit, how much bonus will each employees receive
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Answer:
Answer:
1 Employee gets = Rs 13,020
Step-by-step explanation:
25% profit = Rs 26,04,000
Bonus is always 20% of the profit
So, Bonus:
=> 26,04,000/5
=> Rs 520,800
50% bonus from the profit = 520,800/2
=> Rs 260,400
This was divided equally among 20 employees.
So, Each Employ gets:
=> 1 Employee = 260,400/20
=> 1 Employee gets = Rs 13,020
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