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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.
Amount allocated for commission in March is what percent less than the amount allocated for commission in July ?
Amount collected for commission in July = 40000
∴ Required percentage
= × 100
= 22%
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 |
Amount allocated for commission in March is what percent less than the amount allocated for commission in July ?
Solution:
Amount collected for commission in March = 31200Amount collected for commission in July = 40000
∴ Required percentage
= × 100
= 22%