Hari (student) (119 Points)
23 November 20101. 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
Ram Avtar Singh
(Nagari Sultanpur U.P.Delhi)
(14497 Points)
Replied 23 November 2010
1: cost 40000+comm20%(10000)=50000 sale value
Comm 50000*5%=2500
2: sale 48000-Exps 6000=42000
Net value 42000 /(105%)=40000
Comm 40000*5%= 2000
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