Calculate the amount of A's Commission from the following items Net profit before commission ₹1,65,000 and Mr. A is entitled for a commission of 10% of net profit after charging such commission. |
₹16,500 ₹15,000 ₹16,000 ₹15,500 |
₹15,000 |
The correct answer is Option 2- ₹15,000 Commission = Net profit before commission x Rate of commission/ (100 + rate of commission) Net profit before commission = ₹1,65,000 Commission = 1,65,000 x 10/(100+10) |