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Question
Match the following items:
| (i) | A is entitled to a salary of ₹ 1,00,000 per annum and commission of 10% of the net profit after charging his salary but before charging his commission. The Net Profit is ₹ 3,20,000. What will be the amount of A’s Commission? | (a) | ₹ 32,000 |
| (ii) | B is entitled to commission of 10% on net profit after charging his commission. The Net Profit is ₹ 2,20,000. What will be the amount of B's Commission? | (b) | ₹ 22,000 |
| (c) | ₹ 20,000 |
Match the Columns
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Solution
| (i) | A is entitled to a salary of ₹ 1,00,000 per annum and commission of 10% of the net profit after charging his salary but before charging his commission. The Net Profit is ₹ 3,20,000. What will be the amount of A’s Commission? | (b) | ₹ 22,000 |
| (ii) | B is entitled to commission of 10% on net profit after charging his commission. The Net Profit is ₹ 2,20,000. What will be the amount of B's Commission? | (c) | ₹ 20,000 |
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