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

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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

Accounting A Level And AS Level

ISBN: 9780521539937

1st Edition

Authors: Harold Randall

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Question Details
Chapter # 18- Departmental Accounts
Section: Multiple Choice Questions
Problem: 3
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Question Posted: August 28, 2023 13:52:04
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