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Commerce · Q2177

Accounting

Graduate and Post Graduate · Commerce · question 2177

Q2177

X, the Works manager, gets 5% commission of net profits after charging his commission and Y's commission. Y, the General Manager, gets 10% commission on net profits after charging his commission and X's commission. If the profit before charging commission of X and Y is Rs. 1,000, the commission of X will be:

A.
Rs. 42.50
B.
Rs. 45.00
Answer
C.
Rs. 47.00
D.
Rs. 49.00

Answer: Option B

Solution

Answer: Option B
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