Question

a sales executive gets a commission on total sales at 8%. if the sale is exceeded rs.10,000 he gets an additional commission as a bonus of 4% on the excess of sales over rs.10,000. if he gets the total commission of rs.950, then the bonus he received is

Answer 1

Answer:

The total Bonus received is Rs. 50 /-

Step-by-step explanation:

Hey Mate,

Given Data,

• Commission on total sales = 8%
• Extra Commission as a bonus of 4% on the excess of sales over Rs. 10,000.

So,

Total Commission = Rs. 950/-

Commission up to 10000 = 10000 * 8/100 = 800

Ratio = 2X : X         (# 8% Commission & 4% Bonus)

Commission = 2X & Bonus = X ;

So,

Bonus = ( 950 - 800 ) × ( 1/3 )

=>  150 × ( 1/3 )

=> 50.

The total Bonus received is Rs. 50 /-