Equation
This query is : Resolved
24 December 2011
Hi,
Please say how acn we solve the problem:
Answer Rs.20,000.00 after deducting 2% please say how to calculate gross amount.
regards
Please say how acn we solve the problem:
Answer Rs.20,000.00 after deducting 2% please say how to calculate gross amount.
regards
24 December 2011
Rs 20000/- after deducting 2% i.e, Rs 20000/- is 98% of the Gross Amount. Therefore Gross Amount = 20000/98*100=20408.
Now you can check. 2% of Rs 20408 = 408 and therefore net amount is Rs 20000/-
Now you can check. 2% of Rs 20408 = 408 and therefore net amount is Rs 20000/-
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