Question

When a business company increased its profit from 20% to 25% the amount of profit increased to Rs 26,04,000. If the company decided to distribute 50 % bonus to its 20 employees equally from the increased amount of profit, how much bonus will each employee receive?

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Answer 1

1 Employee gets = Rs 13,020

Explanation:

25% profit = Rs 26,04,000

Bonus is always 20% of the profit

So, Bonus:

=> 26,04,000/5

=> Rs 520,800

50% bonus from the profit = 520,800/2

=> Rs 260,400

This was divided equally among 20 employees.

So, Each Employ gets:

=> 1 Employee = 260,400/20

=> 1 Employee gets = Rs 13,020