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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.
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 May, the respective ratio of amount allocated for commission and amount allocated for discount and others was 4:3. What was the Gross revenue of the magazine in May?

Solution:
In May, ratio of amount allocated for commission and amount allocated for discount = 4 : 3
In May, amount allocated for commission = 4 × 12000 and 3 × 12000
Amount allocated for discount = 48000 and 36000
∵ Gross revenue in May net revenue + amount allocated for commission
= 336000 + 84000
= Rs. 420000

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