1. During the year 2013 a businessman concern earned a net profit of Rs. 42,000. The manager is entitled to a commission of 5% of the net profit Find the amount of the commission so charged




Ask Your Doubts Here

Type in
(Press Ctrl+g to toggle between English and the chosen language)

Comments

Show Similar Question And Answers
QA->. Nasar invested Rs. 3,000 and Narayanan invested Rs. 4,000 to set up a partnership. In one year they got Rs.2,000 profit. If they split this in the ratio of their investment., how much would Nasar got?....
QA->Nasar invested Rs. 3,000 and Narayanan invested Rs. 4,000 to set up a partnership. In one year they got Rs.2,000 profit. If they split this in the ratio of their investment, how much would Nasar got?....
QA->On selling a torch at ₹1010 instead of ₹1000, 5% more profit is earned. Find the cost price.....
QA->Ram started a business with a capital of Rs. 18, Four months later Lakshman joined with him with a capital of Rs. 24, At the end of the year total proflt earned was Rs. 5, Lakshman‘s shares in the profit is....
QA->Which is not the concern of the local government?....
MCQ->During the year 2013 a businessman concern earned a net profit of Rs. 42,000. The manager is entitled to a commission of 5% of the net profit Find the amount of the commission so charged....
MCQ->During the year 2013 a business concern earned a net profit of Rs.42,The manager is entitled to a commission of 5% of the net profit.Find the amount of the commission so charge....
MCQ->Closing capitals of A,B and C were Rs.50,000,Rs.45,000 and Rs.30,000 respectively.Their drawings during the year were Rs.10,000,Rs.5,000 and Rs.12,000 respectively.Amount of net profit earned during the year was Rs.18,000 which was distributed in the ratio of 3:2:1 Opening capital of C will be:....
MCQ->Three friends, P, Q and R started a partnership business investing money in the ratio of 5 : 4 : 2 respectively for a period of 3 years. What is the amount received by P as his share profit? I.  Total amount invested in the business in Rs. 22,000. II.  Profit earned at the end of 3 years is of the total investment.  III.  The average amount of profit earned per year is Rs. 2750.....
MCQ->P, Q and R invested Rs.45, 000/-, Rs. 70, 000/- and Rs. 90,000/- respectively to start a business. At the end of two years, they earned a profit of Rs.1, 64,000/-. What will be Qs share in the profit?....
Terms And Service:We do not guarantee the accuracy of available data ..We Provide Information On Public Data.. Please consult an expert before using this data for commercial or personal use | Powered By:Omega Web Solutions
© 2002-2017 Omega Education PVT LTD...Privacy | Terms And Conditions
Question ANSWER With Solution