Answer:
To find the gross value before the commission deduction, you can use the formula:
[tex]\[ \text{Gross Value} = \frac{\text{Net Value}}{(1 - \text{Commission Rate})} \]
[/tex]
In this case, the commission rate is 10% (0.10), and the net value is Rs. 9000. Plugging in these values:
[tex]\[ \text{Gross Value} = \frac{9000}{(1 - 0.10)} \][/tex]
[tex]\[ \text{Gross Value} = \frac{9000}{0.90} \][/tex]
[tex]\[ \text{Gross Value} = 10000 \]
So, the gross value before the 10% commission deduction is Rs. 10,000.
ᶜˡᵃⁱᶠʳ
[tex]\huge\underline{\underline{\tt \blue{ANSWER}:}}[/tex]
\text{Gross Value} = \frac{\text{Net Value}}{(1 - \text{Commission Rate})} Gross Value=
(1−Commission Rate)
Net Value
\text{Gross Value} = \frac{9000}{(1 - 0.10)} Gross Value=
(1−0.10)
9000
\text{Gross Value} = \frac{9000}{0.90} Gross Value=
0.90
\text{Gross Value} = 10000 /Gross Value=10000
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Verified answer
Answer:
To find the gross value before the commission deduction, you can use the formula:
[tex]\[ \text{Gross Value} = \frac{\text{Net Value}}{(1 - \text{Commission Rate})} \]
[/tex]
In this case, the commission rate is 10% (0.10), and the net value is Rs. 9000. Plugging in these values:
[tex]\[ \text{Gross Value} = \frac{9000}{(1 - 0.10)} \][/tex]
[tex]\[ \text{Gross Value} = \frac{9000}{0.90} \][/tex]
[tex]\[ \text{Gross Value} = 10000 \]
[/tex]
So, the gross value before the 10% commission deduction is Rs. 10,000.
ᶜˡᵃⁱᶠʳ
[tex]\huge\underline{\underline{\tt \blue{ANSWER}:}}[/tex]
To find the gross value before the commission deduction, you can use the formula:
\text{Gross Value} = \frac{\text{Net Value}}{(1 - \text{Commission Rate})} Gross Value=
(1−Commission Rate)
Net Value
In this case, the commission rate is 10% (0.10), and the net value is Rs. 9000. Plugging in these values:
\text{Gross Value} = \frac{9000}{(1 - 0.10)} Gross Value=
(1−0.10)
9000
\text{Gross Value} = \frac{9000}{0.90} Gross Value=
0.90
9000
\text{Gross Value} = 10000 /Gross Value=10000
So, the gross value before the 10% commission deduction is Rs. 10,000.