1
Amount allocated for commission in March is what percent less than the amount allocated for commission in July ?
Answer & Solution
Amount collected for commission in March = 31200
Amount collected for commission in July = 40000
∴ Required percentage
= $$\frac{8800}{40000}$$ × 100
= 22%
Amount collected for commission in July = 40000
∴ Required percentage
= $$\frac{8800}{40000}$$ × 100
= 22%