Commission of 20% on net Profit after charging such commission is calculated as
A Commission of 20% on net Profit after charging such commission is calculated as
a) 1/6 of the net profit before charging a commission
b) 1/5 of the net profit before charging a commission
c) 1/4 of the net profit before charging a commission
d) 1/3 of the net profit before charging a commission
Anurag Pathak Changed status to publish April 9, 2023
Ans – a)
Explanation
20% after charging such commission
= 20/120 = 1/6
Anurag Pathak Changed status to publish April 5, 2023
