A manager is paid a commission of 5% based on net profit after charging the commission. The

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A manager is paid a commission of 5% based on net profit after charging the commission. The profit before commission is $157 500.

How much commission is paid to the manager?

A. $1500

B. $1658

C. $7500

D. $7875

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Accounting A Level And AS Level

ISBN: 9780521539937

1st Edition

Authors: Harold Randall

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Question Posted: Aug 28, 2023 01:52 PM

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A manager is paid a commission of 5% based on net profit after charging the commission. The

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First calculate the commission amount Commi...View the full answer

Accounting A Level And AS Level

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