A question about commission
(i)works manger is to get a commission of 10% (after charging such commission)profit its in excess of Rs 2000
(ii)General manger is to get one-third of total profit after charging all provisions in (i) and (ii) is Rs 3320. what is the commission of the General manger ? a: 1062.67 b: 1066.67 c:800 d:737 i knw answer is 800 but hw?? |
[QUOTE=huda1;205867]plz answer me[/QUOTE]
[COLOR=black][FONT=Verdana][/FONT][/COLOR] [COLOR=black][FONT=Verdana]Wording in your query is ambiguous. Huda please re-write your query with proper narration.[/FONT][/COLOR] [QUOTE](i)works manger is to get a commission of 10% (after charging such commission)[COLOR=magenta]profit its in excess of Rs 2000[/COLOR] [/QUOTE] [COLOR=black][FONT=Verdana]What does Rs. 2,000 indicate? Whether it is a figure of profit on which manager's commission has to be charged or you wanted to say: commission will be charged only if profit is more than Rs.2,000?[/FONT][/COLOR] [QUOTE] (ii)General manger is to get one-third of total profit after charging all provisions [COLOR=magenta]in (i) and (ii) is Rs 3320.[/COLOR] what is the commission of the General manger ? [/QUOTE] [COLOR=black][FONT=Verdana]Again ambiguous. Can you make it clearer? What does Rs.3,320 figure indicate? Whether Rs.3,320 is a sum of Manager's commission and General manager's commission? Or Rs.3,320 stands for anything else?[/FONT][/COLOR] [COLOR=black][FONT=Verdana] [/FONT][/COLOR] [COLOR=black][FONT=Verdana]I have asked you these questions because of grave importance of "words", "punctuations" in such word problems of accounting & finance. Each word / each punctuation has different meaning and resultantly different outputs.[/FONT][/COLOR] |
I am answering according to my understanding!
In 1st situation manager is entitled for commission @ 10% but after charging such commision profit will be 2000. Therefore, 2000 is 90% of total,so divide 2000 by 90% you have the actual figure before commission.i.e; 2222 so 10%of 2222is 222. therefore 222 is the amount of commission. 2nd method u can addopt is to divide 10 by 90 and multiply with 2000, then u will get the answer. Ur second question is wrong or something is missing, what is 3320. Is it profit or any other value? |
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