Vidyalelo
Commerce · Q2294

Accounting

Graduate and Post Graduate · Commerce · question 2294

Q2294

A manager is paid 5% commission on the net profit after charging such commission. The gross profit of the firm is Rs. 40,000 and the selling expense is Rs. 29,500. His commission will be

A.
Rs. 1,050
B.
Rs. 2,100
C.
Rs. 500
Answer
D.
Rs. 1,000

Answer: Option C

Solution

Answer: Option C
No explanation is given for this question Let's Discuss on Board