how to calculation_of_commission

Hari (student) (119 Points)

23 November 2010  

1. A manager gets 5% commission on sales, cost price of goods sold is Rs. 40,000 which he sells at a margin of 20% on sale. commission will be. Ans: Rs.2500

2. A manager gets 5% commission on net profit after charging such commission.  If gross profit is Rs. 48,000 and expenses of indirect nature other than managers commission are Rs. 6000. commission will be Ans: Rs.2000

My email is: hari.vemula83 @ gmail.com