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Commerce · Q1742

Accounting

Graduate and Post Graduate · Commerce · question 1742

Q1742

The Works Manager is entitled to 5% commission on net profits after charging his commission and General Manager's commission; the General Manager gets 10% commission on net profits remaining after charging his commision and Works Manager's commission. If the net prifits before charging any commission is Rs. 1,000 the General Manager's commission will be

A.
Rs. 79
B.
Rs. 85
C.
Rs. 87
Answer
D.
Rs. 93

Answer: Option C

Solution

Answer: Option C
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