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The manager of a firm is entitled to a commission of 105 on net profit after his commission. If the net profit of the firm before charging commission is Rs 4,40,000, the amount of manger’s commission will be: Rs 44,000 Rs 40,000 Rs 37,000 Rs 33,000?
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The manager of a firm is entitled to a commission of 105 on net profit...
Calculation of Manager's Commission


Given:
Net profit before charging commission = Rs 4,40,000
Manager's commission on net profit after his commission = Rs 105

To find:
Amount of manager's commission

Step 1: Calculate the net profit after deducting manager's commission


Net profit after deducting manager's commission can be calculated as follows:
Net profit after deducting commission = Net profit before charging commission - Manager's commission

Net profit after deducting commission = Rs 4,40,000 - Rs 105
Net profit after deducting commission = Rs 4,39,895

Step 2: Calculate the manager's commission


Manager's commission = Net profit before charging commission - Net profit after deducting commission

Manager's commission = Rs 4,40,000 - Rs 4,39,895
Manager's commission = Rs 105

Therefore, the amount of manager's commission is Rs 105.

Conclusion


The amount of manager's commission is Rs 105.
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The manager of a firm is entitled to a commission of 105 on net profit after his commission. If the net profit of the firm before charging commission is Rs 4,40,000, the amount of manger’s commission will be: Rs 44,000 Rs 40,000 Rs 37,000 Rs 33,000?
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The manager of a firm is entitled to a commission of 105 on net profit after his commission. If the net profit of the firm before charging commission is Rs 4,40,000, the amount of manger’s commission will be: Rs 44,000 Rs 40,000 Rs 37,000 Rs 33,000? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about The manager of a firm is entitled to a commission of 105 on net profit after his commission. If the net profit of the firm before charging commission is Rs 4,40,000, the amount of manger’s commission will be: Rs 44,000 Rs 40,000 Rs 37,000 Rs 33,000? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The manager of a firm is entitled to a commission of 105 on net profit after his commission. If the net profit of the firm before charging commission is Rs 4,40,000, the amount of manger’s commission will be: Rs 44,000 Rs 40,000 Rs 37,000 Rs 33,000?.
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