how to calculation_of_commission

CPT 705 views 1 replies

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

Replies (1)

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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