Homework Answers
Solution :
B.320,000
Explanation :
Let the bonus be 'X' ,
so,
X=(3,600,000-2,000,000-X)*25%
X=(1600000-X)0.25
X=400,000-X0.25
X=400,000/1.25
X=320,000
Conclusion : Bonus for the Branch Manager for 2017 will be 320,000
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