Math, asked by kareenamotwani, 10 months ago

a merchant pays 12% commission on total sales and pays del credere at a rate of 3% on credit sales . if cash sales were 6000 and the agent earned 1520as commission find the total sales​

Answers

Answered by eudora
3

Merchant's total sale was ₹32,667.

Step-by-step explanation:

A merchant pays 12% commission on cash sales and 3% on credit sales.

Total cash sales were = ₹6000

Agent earned his total commission = 1520

commission earned on cash sales = 12% × 6000

                                                         = 0.12 × 6000

                                                         = ₹ 720

Commission earned by credit sales = 1520 - 720 = ₹ 800

Let the amount of credit sales be x

∴ 3% of x = 800

\frac{3}{100}x=800

0.03x = 800

x = 26,666.66

total sales = cash sales + credit sales

                 =  6000 + 26,667

                 = 32,667

Merchant's total sale was ₹ 32,667.

Learn more to calculate commission : https://brainly.in/question/7357596

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