A merchant gives his agent 5%ordinary commission plus 2%del credere commission on sales of goods, worth RS. 55000/- How Much does the agent receive? How Much does the merchant receive?
Answers
Answered by
52
EXPLANATION.
- GIVEN
a merchant gives his agent 5% ordinary
commission plus 2% del created commission
on sales goods worth ₹ 55000
To find how much does the merchant received.
cost of good sold by the agent = ₹ 55000
The agent is to be a total commission =
5% + 2% = 7%
7% commission on total sale
7 / 100 X 55000
3850
Therefore,
merchant received = ₹ 3850
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Answered by
27
.
- Cost of goods sold by the agent Rs. 55,000.
- Ordinary Commission = 5% And Del-Credere Commission = 2%
- How much Merchant Receive
.
The agent is to be given a total commission
= 5% + 2% = 7%
Then,
7% commission on total sale
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