Answer & Solution
Amount collected for commission in July = 40000
∴ Required percentage
= $$\frac{8800}{40000}$$ × 100
= 22%
Months | Gross Revenue | Amount Allocated for Commission | Amount Allocated for Discount and Offer | Net Revenue |
March | Rs. 360000 | Rs. 31200 | - | - |
April | Rs. 320000 | Rs. 28000 | Rs. 16000 | - |
May | - | - | Rs. 36000 | Rs. 336000 |
June | - | Rs. 42000 | Rs. 30200 | Rs. 330000 |
July | - | Rs. 40000 | Rs. 28000 | Rs. 362000 |