{"id":44896,"date":"2024-04-15T21:50:19","date_gmt":"2024-04-15T21:50:19","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=44896"},"modified":"2024-04-15T21:50:19","modified_gmt":"2024-04-15T21:50:19","slug":"the-general-manager-is-entitled-to-a-commission-of-10-on-net-profit-after-charging-the-commission-of-works-manager-the-works-manager-is-entitled-to-a-commission-of-5-on-the-net-profit-after-charging","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/the-general-manager-is-entitled-to-a-commission-of-10-on-net-profit-after-charging-the-commission-of-works-manager-the-works-manager-is-entitled-to-a-commission-of-5-on-the-net-profit-after-charging\/","title":{"rendered":"The general manager is entitled to a commission of 10% on net profit after charging the commission of works manager. The works manager is entitled to a commission of 5% on the net profit after charging the commission of general manager. The profit before charging any commission is Rs. 7,000. The commission of the works manager, to the nearest rupee, will be"},"content":{"rendered":"

[amp_mcq option1=”Rs. 321″ option2=”Rs. 304″ option3=”Rs. 337″ option4=”Rs. 339″ correct=”option1″]<\/p>\n

The correct answer is A. Rs. 321.<\/p>\n

The net profit after charging the commission of the general manager is 7000 * (100 – 10)\/100 = Rs. 6300.<\/p>\n

The commission of the works manager is 6300 * (100 – 5)\/100 = Rs. 3150.<\/p>\n

Since the commission is rounded to the nearest rupee, the commission of the works manager is Rs. 321.<\/p>\n

Here is a step-by-step solution:<\/p>\n

    \n
  1. \n

    Find the net profit after charging the commission of the general manager:
    \n7000 * (100 – 10)\/100 = Rs. 6300<\/p>\n<\/li>\n

  2. \n

    Find the commission of the works manager:
    \n6300 * (100 – 5)\/100 = Rs. 3150<\/p>\n<\/li>\n

  3. \n

    Round the commission to the nearest rupee:
    \n3150 = Rs. 321<\/p>\n<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

    [amp_mcq option1=”Rs. 321″ option2=”Rs. 304″ option3=”Rs. 337″ option4=”Rs. 339″ correct=”option1″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[85],"tags":[],"class_list":["post-44896","post","type-post","status-publish","format-standard","hentry","category-accounting","no-featured-image-padding"],"yoast_head":"\nThe general manager is entitled to a commission of 10% on net profit after charging the commission of works manager. The works manager is entitled to a commission of 5% on the net profit after charging the commission of general manager. The profit before charging any commission is Rs. 7,000. The commission of the works manager, to the nearest rupee, will be<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/the-general-manager-is-entitled-to-a-commission-of-10-on-net-profit-after-charging-the-commission-of-works-manager-the-works-manager-is-entitled-to-a-commission-of-5-on-the-net-profit-after-charging\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The general manager is entitled to a commission of 10% on net profit after charging the commission of works manager. The works manager is entitled to a commission of 5% on the net profit after charging the commission of general manager. The profit before charging any commission is Rs. 7,000. The commission of the works manager, to the nearest rupee, will be\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=”Rs. 321″ option2=”Rs. 304″ option3=”Rs. 337″ option4=”Rs. 339″ correct=”option1″]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/the-general-manager-is-entitled-to-a-commission-of-10-on-net-profit-after-charging-the-commission-of-works-manager-the-works-manager-is-entitled-to-a-commission-of-5-on-the-net-profit-after-charging\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-15T21:50:19+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"The general manager is entitled to a commission of 10% on net profit after charging the commission of works manager. The works manager is entitled to a commission of 5% on the net profit after charging the commission of general manager. The profit before charging any commission is Rs. 7,000. The commission of the works manager, to the nearest rupee, will be","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/the-general-manager-is-entitled-to-a-commission-of-10-on-net-profit-after-charging-the-commission-of-works-manager-the-works-manager-is-entitled-to-a-commission-of-5-on-the-net-profit-after-charging\/","og_locale":"en_US","og_type":"article","og_title":"The general manager is entitled to a commission of 10% on net profit after charging the commission of works manager. The works manager is entitled to a commission of 5% on the net profit after charging the commission of general manager. The profit before charging any commission is Rs. 7,000. The commission of the works manager, to the nearest rupee, will be","og_description":"[amp_mcq option1=”Rs. 321″ option2=”Rs. 304″ option3=”Rs. 337″ option4=”Rs. 339″ correct=”option1″]","og_url":"https:\/\/exam.pscnotes.com\/mcq\/the-general-manager-is-entitled-to-a-commission-of-10-on-net-profit-after-charging-the-commission-of-works-manager-the-works-manager-is-entitled-to-a-commission-of-5-on-the-net-profit-after-charging\/","og_site_name":"MCQ and Quiz for Exams","article_published_time":"2024-04-15T21:50:19+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/mcq\/the-general-manager-is-entitled-to-a-commission-of-10-on-net-profit-after-charging-the-commission-of-works-manager-the-works-manager-is-entitled-to-a-commission-of-5-on-the-net-profit-after-charging\/","url":"https:\/\/exam.pscnotes.com\/mcq\/the-general-manager-is-entitled-to-a-commission-of-10-on-net-profit-after-charging-the-commission-of-works-manager-the-works-manager-is-entitled-to-a-commission-of-5-on-the-net-profit-after-charging\/","name":"The general manager is entitled to a commission of 10% on net profit after charging the commission of works manager. The works manager is entitled to a commission of 5% on the net profit after charging the commission of general manager. The profit before charging any commission is Rs. 7,000. The commission of the works manager, to the nearest rupee, will be","isPartOf":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#website"},"datePublished":"2024-04-15T21:50:19+00:00","dateModified":"2024-04-15T21:50:19+00:00","author":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209"},"breadcrumb":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/the-general-manager-is-entitled-to-a-commission-of-10-on-net-profit-after-charging-the-commission-of-works-manager-the-works-manager-is-entitled-to-a-commission-of-5-on-the-net-profit-after-charging\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/exam.pscnotes.com\/mcq\/the-general-manager-is-entitled-to-a-commission-of-10-on-net-profit-after-charging-the-commission-of-works-manager-the-works-manager-is-entitled-to-a-commission-of-5-on-the-net-profit-after-charging\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/exam.pscnotes.com\/mcq\/the-general-manager-is-entitled-to-a-commission-of-10-on-net-profit-after-charging-the-commission-of-works-manager-the-works-manager-is-entitled-to-a-commission-of-5-on-the-net-profit-after-charging\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/exam.pscnotes.com\/mcq\/"},{"@type":"ListItem","position":2,"name":"mcq","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/mcq\/"},{"@type":"ListItem","position":3,"name":"accounting","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/mcq\/accounting\/"},{"@type":"ListItem","position":4,"name":"The general manager is entitled to a commission of 10% on net profit after charging the commission of works manager. The works manager is entitled to a commission of 5% on the net profit after charging the commission of general manager. The profit before charging any commission is Rs. 7,000. The commission of the works manager, to the nearest rupee, will be"}]},{"@type":"WebSite","@id":"https:\/\/exam.pscnotes.com\/mcq\/#website","url":"https:\/\/exam.pscnotes.com\/mcq\/","name":"MCQ and Quiz for Exams","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/exam.pscnotes.com\/mcq\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209","name":"rawan239","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","caption":"rawan239"},"sameAs":["https:\/\/exam.pscnotes.com"],"url":"https:\/\/exam.pscnotes.com\/mcq\/author\/rawan239\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/44896","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/comments?post=44896"}],"version-history":[{"count":0,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/44896\/revisions"}],"wp:attachment":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/media?parent=44896"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/categories?post=44896"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/tags?post=44896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}