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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 8
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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