| (i) | Net Profit = 5,00,000 | (a) | 45,455 |
| Manager commission = 10% of the net profit | |||
| Manager Commission = ? | |||
| (ii) | Net Profit = 5,00,000 | (b) | 40,000 |
| Manager commission = 10% of the net profit after charging his commission | |||
| Manager Commission = ? | |||
| (iii) | Net Profit = 5,00,000 | (c) | 36,364 |
| Partner's commission = 10% of the net profit after charging Interest on capital of Rs. 1,00,000 | |||
| Partner's commission = ? | |||
| (iv) | Net Profit = 5,00,000 | (d) | 50,000 |
| Partner's commission = 10% of the net profit after charging Interest on capital of Rs. 1,00,000 and his commission | |||
| Partner's Commission = ? |
A) (i) d ; (ii) c ; (iii) a ; (iv) b
B) (i) d ; (ii) b ; (iii) c ; (iv) a
C) (i) d ; (ii) a ; (iii) c ; (iv) b
D) (i) d ; (ii) a ; (iii) b ; (iv) c
Correct Answer: D
Solution :
(i) d ; (ii) a ; (iii) b ; (iv) c
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