Question

9.
An agent is paid a commission of 7% on
cash sales and 5% on credit sales made by
him. If on the sale of Rs.1,02,000 the agent
claims a total commission of Rs.6,420, find
his cash sales and credit sales.​

Answer 1

Answer:

25,000 in cash sales and 76,500 in credit purchases.

Step-by-step explanation:

Let X be cash purcahses

Let Y be credit purchases

X+Y=102000

0.07X+0.05Y=6420

Isolate Y --> Y=-X+102000

Substitute above equation into second equation, replacing Y

0.07X+0.05(-x+102000) = 6420

0.02X=5100

x=25,500

now substitute X into the first equation

(25,500)+Y=102000

Y= 76500