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Instructions
Study the following table and carefully answer the given questions.
Note :
(i) Net Revenue = Gross Revenue – Amount Allocated for commission – Amount allocated for discount and others
(ii) Few values are missing in the table (indicated by -). A candidate is expected to calculate the missing value, if it is required to answer the given question, on the basis of the given data and the information.
Question 157
Amount allocated for commission in March is what percent less than Amount allocated for commission in July?
Solution
Amount allocated for commission in March = Rs. 31,200
Amount allocated for commission in July = Rs. 40,000
=> Required % = $$\frac{40000 - 31200}{40000} \times 100$$
= $$\frac{8800}{400} = 22\%$$
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