Accounts

This query is : Resolved 

26 August 2014 The manager earned a commission of Rs.25,000,which is based on 10% of Net Profit. If sales is Rs.3,50,000 is more than purchases. No opening and closing stock.Find Direct and Indirect expenses? a)Rs.75,000 b)Rs.1,00,000 c)Rs.2,50,000 d)Not attainable

27 August 2014 If commission is 10% profit, then profit before commission is 250,000. Since Sales amount is 350,000 other costs would be Rs. 100,000.

27 August 2014 it will be rs. 1000000/- diff of sales and purchase.

27 August 2014 it will be rs. 1000000/- diff of sales and purchase.


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