It is once again proved that the masked IBOFB could not understand simple English but also could not follow a simple table in the website of Amway India.
Following is the table in the website of Amway:
Total Sales Turnover of X’s group is 5,50,000 BV = 10,000 PV
Commission level for the Group at 10,000 PV = 21%
Total Group Commission 21% of 5,50,000 BV= Rs. 1,15,500 (X)
Commission earned by A’s Group 12% of 1,10,000 BV = Rs. 13,200 (A)
Commission earned by B’s Group 12% of 1,10,000 BV = Rs. 13,200 (B)
Commission earned by C’s Group 9% of 55,000 = Rs. 4,950 (C)
Commission earned by D’s Group 15% of 2,20,000 = Rs. 33,000 (D)
Net Commission earned by you = X - A - B - C - D = Rs. 51,150
Retail Profit Margin on X’s
Personal Business 20% of 55,000 = Rs. 11,000
X’s Total monthly Earnings = Rs. 62,150
The table clearly shows that the total monthly earnings of X is Rs. 62,150.
Is the table really that complicated that IBOFB could not understand what is Group A, B, C, D?.
If there is no enrollment from where these groups emerge. Will it be out of blue?
The table clearly says that the retail profit margin of X's personal business is Rs. 11,000
This is what is called pyramid scheme and the illegal money circulation scheme. The Supreme Court of India rightly pointed out that this type of chain schemes attract the provisions of the Section 420 (cheating) of Indian Penal Code apart from Section 2 (c) of the Prize Chits & Money Circulation Schemes (Banning) Act, 1978.