Question

20% commission on the sale of goods worth Rs. 10000 is
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Answer 1

Answer:

2000 commission on the sale of goods worth Rs. 10000

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Answer 2

Answer:

Rate of Commission =20%

Total sales =Rs.10000

Commission amount =?

Solution:

Using formula

Rate of Commission = Commission amount/Total sales × 100%

20 = Commission amount/10000 ×100

or, Commission amount = 20 × 10000/100

Commission amount = Rs. 2000.

Therefore, 20% commission on the sale of goods worth Rs. 10000 is Rs. 2000.