Question

5. After deducting commission at 71/2% on the
first 10,000 and 5% on the balance of sales
made by him, an agent remits 3,395 to his
principal. Find the value of goods sold by him.​

Answer 1

Answer:

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Step-by-step explanation:

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Answer 2

Answer:

ANSWER

Let total sales is Rs x

Given 5% commission on sale up to Rs 10000

Then 5% of sale 10000 =1005×10000=500 Rs

Then other sale more than 10000=x−10000

So commission on sale more than 10000=1004×(x−10000)

So total commission on sales =1004×(x−10000)+500

So remit =x−[1004×(x−10000)+500]

But given total remit is Rs 31100

∴x−[1004×(x−10000)+500]=31100

⇒25x−x+10000−12500=31100×25

⇒24x=777500−10000+12500

⇒24x=780000

⇒x=32500 Rs

Then total sales is Rs. 32500