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Exam (elaborations) BBA COMMERCE (COM101) Business Mathematics (For B.Com, BBA, BBM and BMS), ISBN: 9789325983229
- Exam (elaborations) • 316 pages • 2021
- Available in package deal
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- $7.49
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COMMISSION, BROKERAGE, DISCOUNT 
AND PARTNERSHIP 
OBJECTIVES 
Money plays an important role in any transaction. We are going to 
study some Technical terms involved in business transactions. 
1.1 COMMISSION 
A producer or manufacturer of goods generally does not sell his 
goods directly to the ultimate consumer. There are agents who purchase 
the goods from the manufacturer and sell them to the consumer. In a 
sense, such agents bring the manufacturers and the consumers together for 
transa...
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