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1. Study the table and answer the given questions.
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 candidates is expected to calculate the missing value, It is required to answer the given question on the basis of the given data and the information.
In March, if Net revenue of the magazine was 85% of its Gross revenue, what was the amount allocated for discount and others ?
Net revenue
= 360000 ×
= 306000
∴ Amount allocated for discount and others
= 360000 - 306000 - 31200
= 54000 - 31200
= Rs. 22800
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 candidates is expected to calculate the missing value, It is required to answer the given question on the basis of the given data and the information.
| Months | Gross Revenue | Amount Allocated for Commission | Amount Allocated for Discount and Offer | Net Revenue |
| March | Rs. 360000 | Rs. 31200 | - | - |
| April | Rs. 320000 | Rs. 28000 | Rs. 16000 | - |
| May | - | - | Rs. 36000 | Rs. 336000 |
| June | - | Rs. 42000 | Rs. 30200 | Rs. 330000 |
| July | - | Rs. 40000 | Rs. 28000 | Rs. 362000 |
In March, if Net revenue of the magazine was 85% of its Gross revenue, what was the amount allocated for discount and others ?
Solution:
In march,Net revenue
= 360000 ×
= 306000
∴ Amount allocated for discount and others
= 360000 - 306000 - 31200
= 54000 - 31200
= Rs. 22800