Q87
In May, the respective ratio of amount allocated for commission and amount allocated for discount and others was 4:3. What was the Gross revenue of the magazine in May?
A.
Rs. 424000
B.
Rs. 440000
C.
Rs. 380000
D.
Rs. 420000
AnswerE.
Rs. 430000
Answer: Option D
Solution
Answer: Option D
Solution:
In May, ratio of amount allocated for commission and amount allocated for discount = 4 : 3In May, amount allocated for commission = 4 × 12000 and 3 × 12000
Amount allocated for discount = 48000 and 36000
∵ Gross revenue in May net revenue + amount allocated for commission
= 336000 + 84000
= Rs. 420000