Accountancy, asked by hellokriti3899, 1 year ago

X is entitled to get annual salaey 7500&Y is entitled to get 4%commission on net profit after charging commission &A's salary .Profit for the year 56757before charging commission &salary

Answers

Answered by amitnrw
0

Let say Net Profit = N  ( after Charging Commission & Annual Salary)

X gets = 7500

Y gets = (4/100)N = 0.04N

Net Profit ( after Charging Commission & Annual Salary) + Charging Commission + Annual Salary = Profit (before charging commission &salary)

N + 0.04N + 7500 = 56757

=> 1.04N = 49257

=> N = 47362.5

Y gets = 0.04N = 0.04(47362.5) = 1894.5

Y gets = 1894.5

Answered by aqibkincsem
0

Answer:

We can say, Net Profit = N (after Charging the Commission & Annual Salary), X gets = 7500 and Y gets = (4/100)N = 0.04N. Hence, Net Profit ( after Charging Commission & Annual Salary) + Charging Commission + Annual Salary = Profit (before charging the commission &salary). N + 0.04N + 7500 = 56757 => 1.04N = 49257 => N = 47362.5, Y gets = 0.04N = 0.04(47362.5) = 1894.5, Y gets = 1894.5.

Explanation:

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