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Final Accounts of Sole Proprietors – II — Accountancy STD 11 — Question

Tamilnadu BoardEnglish MediumSTD 11AccountancyFinal Accounts of Sole Proprietors – II1 Mark
MCQ
Commission on net profit after charging such commission:
  • ✓
    $\frac{\text { Rate of Commission }}{(100+\text { Rate of Commission })}$
  • B
    $\frac{\text { Rate of Commission }}{100}$
  • C
    $\frac{\text { Rate of Commission }}{(100-\text { Rate of Commission })}$
  • D
    None of these
✓

Answer

Correct option: A.
$\frac{\text { Rate of Commission }}{(100+\text { Rate of Commission })}$
$\frac{\text { Rate of Commission }}{(100+\text { Rate of Commission })}$

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